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The Accounting Profession Recognises the Need for Uniformity in Reporting

Question 67

Multiple Choice

The accounting profession recognises the need for uniformity in reporting:


A) as a means of avoiding confusion.
B) because ASA 700 and ASA 705 have defined and enumerated the types of audit reports that should be included with general-purpose financial reports.
C) because users would have considerable difficulty interpreting the meaning of an auditor's report if each were an original creation.
D) all of the above

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