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