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The Auditor Must Evaluate Whether the Financial Statements Are Consistent

Question 1

Multiple Choice

The auditor must evaluate whether the financial statements are consistent with the requirements of the applicable financial reporting framework for which of the following items?


A) the accounting records adequately disclose the significant accounting policies used
B) the accounting policies selected are consistent with the applicable financial reporting framework
C) the accounting estimates made by management are predictable
D) the information presented in the financial statements is relevant,reliable,comparable,and understandable
E) the financial forecasts made by management are accurate
F) both A and C
G) both B and D
H) both D and E

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