uestion $50$

When auditors determine that the financial statements of a public company are presented fairly in accordance with the applicable financial

reporting framework, they issue a type of report that PCAOB standards call "the standard clean report."

Audit evidence will typically consist of

information that supports and corroborates management's assertions and any information that contradicts the assertions

all observations made by the auditor

information that supports the auditor's initial assessment of audit risk

all records prepared by the auditor, not including records received from external entities