Ted and Ben are having a discussion about audit opinion and audit report. Here is what they say: Ted: Every public companys audit report is required to have two opinions. Ben: Every public companys audit report is required to have one opinion.

• A. Both Ted and Ben are right.
• B. Both Ted and Ben are wrong.
• C. Ted is right, while Ben is wrong
• D. Ted is wrong, while Ben is right.
• E. None of the above.

John and Jones are having a discussion about critical audit matters. Here is what they say: John: Every public companys audit report is required to have critical audit matters disclosure by Nov 30, 2020. Jones: Not every public companys audit report is required to have critical audit matters disclosure by Nov 30, 2020.

• A. Both John and Jones are right.
• B. Both John and Jones are wrong.
• C. John is right, while Jones is wrong
• D. John is wrong, while Jones is right.
• E. None of the above.