The auditor's report confirms that
A)the financial statements are error free.
B)the information contained in the auditor's report is negative information.
C)the statements present fairly the financial condition of a company.
D)the auditor has qualifications to make on the information.

Question

Quizplus · Accepted Answer

The auditor's report confirms that the financial statements present fairly the financial condition of a company. It does not necessarily mean that the statements are error-free, nor does it provide negative information. The report may include qualifications or explanations, but these would not be the primary purpose of the report.

The Auditor's Report Confirms That