Which of the following is not true about opinion on financial statements?

(A) The auditor should express an opinion on financial statements.

(B) His opinion is no guarantee to future viability of business

(C) He is responsible for detection and prevention of frauds and errors in financial statements

(D) He should examine whether recognised accounting principle have been consistently


Note: if you think the answer of the question is wrong or changed with time, Comment below with right answer or its better to contact us via “Contact us page” for quick update. We will really appreciate your contribution.


Leave a Comment

Your email address will not be published.