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A Statement of Responsibility Declares That

Question 65

Multiple Choice

A statement of responsibility declares that:


A) management is responsible for the financial statements, and the statements are prepared in accordance with GAAP.
B) the auditors are responsible for the financial statements, and the statements are free from material misstatement.
C) the auditors are responsible for the financial statements, and the statements are prepared in accordance with GAAP.
D) management is responsible for the financial statements, and the statements are free from material misstatement.

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