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A Bank Would Look at an Audit Opinion Prior to Making

Question 55

Multiple Choice

A bank would look at an audit opinion prior to making a loan, in order to determine:


A) whether or not fraud has been committed in the company.
B) whether or not they can rely on the financial statements.
C) whether or not the net income is on par with industry standards.
D) whether or not the company is in compliance with regulations.

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