True or False:

19. The first step of the audit is internal control testing.

20. The last step of the audit is the issuance of the report.

21. The most important benefit of an audit is credibility.

22. The opinion is addressed to the owners or management.

23. The responsibility of the financial statements information rests on the CPA.

24. Today's auditor examine all transactions.

25. Today's auditors focus on the EPS.