The auditor's report generally includes an opinion on which of the following sections of the CAFR?
A)The introductory section, the financial section, and the statistical section.
B)The introductory and the financial sections only.
C)The statistical and the financial sections only.
D)The financial section only.

Question

Quizplus · Accepted Answer

The auditor's report generally includes an opinion on the financial section only of the CAFR, which includes the management's discussion and analysis, basic financial statements, and accompanying notes. The introductory section and the statistical section are not typically audited, but may be reviewed by the auditor for compliance with reporting standards.

The Auditor's Report Generally Includes an Opinion on Which of the Following