QUESTIONS 45 THROUGH 68 RELATE TO FINANCIAL STATEMENT ANALYSIS

45. - MOCK AND SAMPLE EXAMS CFA LEVEL I MOCK EXAM MORNING 2012
MOCK AND SAMPLE EXAMS CFA LEVEL I MOCK EXAM MORNING 2012
45. Which of the following statements is most accurate about the responsibilities of an auditor for a publicly traded firm in the United States? The auditor: A. assures the reader that the financial statements are free from error, fraud, or illegal acts. B. must express an opinion about the effectiveness of the company’s internal control systems. C. must state that he prepared the financial statements according to generally accepted accounting principles.