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Which of the following is true regarding auditing standards? The auditor is not required to report on the footnotes to the financial statements. The ultimate
Which of the following is true regarding auditing standards? The auditor is not required to report on the footnotes to the financial statements. The ultimate goal of the auditor is to issue an opinion on the financial statements. Auditors must obtain absolute rather than reasonable assurance before issuing an opinion. Internal control plays a small role in the audit because the auditor must assume controls are inadequate
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