Which of the Following Statements Regarding Fair Presentation Is FALSE

Multiple Choice

Which of the following statements regarding fair presentation is FALSE?

A) Fair presentation also requires the financial statements to adequately disclose the significant accounting policies applied so that users can understand the effect of transactions and events on the information.
B) The auditor assesses whether the terminology used and the titles of financial statements are appropriate and understandable.
C) The final analysis considers the qualitative aspects of the accounting used.
D) The final analysis does not consider indications of management bias in selecting accounting policies and making accounting estimates.