The auditor's report:
A) guarantees accuracy of the financial statements.
B) guarantees the quality of the earnings.
C) attests that the statements are a fair presentation of financial position.
D) includes a recommendation on the stock.

Question

Quizplus · Accepted Answer

The auditor's report attests that the financial statements are a fair presentation of the company's financial position, in accordance with the applicable financial reporting framework. It does not guarantee accuracy, quality of earnings, or include stock recommendations.

The Auditor's Report