With reference to the Auditors Report, answer the following questions: (1.25 * 4 Marks)

- The recent final audit report of an FMCG carries a line which is read as in the manner so required and respectively give a true and fair view of the state of the companys affairs .. Briefly describe the meaning of true and fair view.

- An external auditor is not responsible for preparing his clients financial statement. Why?

- Why do the notes annexed to the financial statements become an integral part thereof?

- List down any two matters upon which an auditor is bound to give his opinion.( Answer fully these are all parts of same question)