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Which of the Following Is TRUE

Question 21

Multiple Choice

Which of the following is TRUE?


A) Auditors give opinions as to whether financial statements have been prepared according to standard accounting practice.
B) Auditors of a company's financial statements are from an outside accounting firm.
C) Auditors owe a responsibility only to those individuals whom it is reasonably foreseeable would be investors in the company.
D) Both A and B
E) Both A and C

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