Which of the following best describes why an independent auditor is asked to express
an opinion on the fair presentation of financial statements?
(1) It is difficult to prepare financial statements that fairly present a company’s financial
position, operations, and cash flows without the expertise of an independent auditor.
(2) It is management’s responsibility to seek available independent aid in
the
appraisal of the financial information shown in its financial statements
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A: Answer: Option c.
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A: The explanation for the given options:
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