The audit represents the CPA firm's guarantee about the accuracy of the financial statements, right?

A. No. In an audit of the financial statements the auditor performs audit procedures to obtain reasonable assurance about whether the financial statements contain material misstatements.

B. No. In an audit, the auditor provides a high level of assurance. Reasonable assurance is less than a guarantee, which implies absolute (100%) assurance.

C. No. In an audit, the auditor issues an opinion on whether the financial statements are presented fairly, but the auditor is not guaranteeing that the financial statements are accurate with certainty.

D. All of the above.

E. Both A and C.

F. Both B and C.