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There Is Agreement Within the Auditing Profession and the Courts

Question 4

Multiple Choice

There is agreement within the auditing profession and the courts that the auditor is


A) not a guarantor or insurer of financial statements.
B) a guarantor but not an insurer of financial statements.
C) an insurer but not a guarantor of financial statements.
D) both a guarantor and an insurer of financial statements.

Correct Answer:

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