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The Scope Paragraph of the Standard Unqualified Auditor's Report States

Question 98

Multiple Choice

The scope paragraph of the standard unqualified auditor's report states that "… the standards require that we plan and perform the audit to obtain ________ assurance about whether the financial statements are free of material misstatement." What type of assurance is given?


A) Immediate
B) Limited
C) Reasonable
D) Absolute

Correct Answer:

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