Which of the following is true with respect to the auditor's report?

Multiple Choice

• The report indicates that the company's financial statements were audited in accordance with generally accepted accounting standards.

• The report indicates that the company's financial statements were audited in accordance with applicable auditing standards.

• The report indicates that the company's financial statements were audited in accordance with the auditor's best judgment.

• The report indicates that the company's financial statements were audited in accordance with statements issued by the FASB.