Q
Which of the following is not true about opinion on financial statements?
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A
A. The auditor should express an opinion on financial statements.
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B
B. His opinion is no guarantee to future viability of business
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C
C. He is responsible for detection and prevention of frauds and errors in financial statements
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D
D. He should examine whether recognised accounting principle have been consistently
Correct Answer:
C. C. He is responsible for detection and prevention of frauds and errors in financial statements
