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An Auditor May Report on Summary Financial Statements That Are

Question 73

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An auditor may report on summary financial statements that are derived from a complete set of audited financial statements only if the auditor


A) Expresses an unmodified opinion on the audited financial statements from which the summary financial statements are derived.
B) Indicates whether the information is fairly stated in all material respects in relation to the complete financial statements.
C) Determines that the summary financial statements include all the disclosures necessary for the complete set of financial statements.
D) Presents the summary financial statements in comparative form with the prior years' summary financial statements.

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