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statements The audit report represents the. A. beginning of the audit process B. "end product" of the financial statemer C. "end product of the internal audit revie D. opinion of management with respect al statement audit audit review and audit ement with respect to the fairness and accuracy of the financial statements Audit reports tend to be A. very different, depending on the company B. fairly standard with respect to wording and C. standard for companies within an industry, but D. very different, with respect to wording and paragraph he company being audited to wording and paragraphs ithin an industry, but varying between industries 9. ditor's responsibility, as expressly stated in the audit report, is to A. express an opinion on the financial statements B take responsibility for the financial statements C. make it clear that responsibility for the financial statements rests with the internal audit function D. make it clear that responsibility for the financial statements rests with the client's legal counsel 10. In he auditor states that another party is responsible for nancial statements. This party is In the audit report, the auditor states that another the preparation of the financial statemente A. the internal auditor B. the client's legal counsel C. management D. the SEC

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