The fourth PCAOB standard of reporting requires an auditor to render a report whenever an auditor's name is associated with financial statements. The overall purpose of the fourth standard of reporting is to require that reports
A. State that the examination of financial statements has been conducted in accordance with generally accepted auditing standards.
B. Indicate the character of the auditor's examination and the degree of responsibility assumed by the auditor.
C. Imply that the auditor is independent in fact as well as in appearance with respect to the financial statements under examination.
D. Express whether the accounting principles used in preparing the financial statements have been applied consistently in the period under examination.
B. Indicate the character of the auditor's examination and the degree of responsibility assumed by the auditor.
You might also like to view...
When trust is high, ______ tends to be reduced.
A. risk-taking B. low level of absenteeism C. social loafing D. Citizenship behavior
______ reasoning is reasoning that relies on observation and specific instances or examples to build a case or argument.
a. Inductive b. Deductive c. Research based d. Theory based
Which of the following is true of service marketers?
A) They can always predict the consistency of service quality. B) They can typically offer customers a free trial of the service. C) They must identify ways of illustrating the benefits their service will provide. D) They typically market a service the same way a product would be marketed. E) They have no way to quantitatively measure service quality.
Which of the following is NOT one of the types of "evidence" that will persuade?
A) facts B) emotions C) personalizing D) activity