πŸ“Š Audit Taxation
Q. Which of the following is not true about opinion on financial statements?
  • (A) Auditor should express an opinion on financial statements.
  • (B) His opinion is no guarantee to future viability of business
  • (C) He is responsible for detection and prevention of frauds and errors in financial statements
  • (D) He should examine whether recognised accounting principle have been consistently
πŸ’¬ Discuss
βœ… Correct Answer: (C) He is responsible for detection and prevention of frauds and errors in financial statements

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