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"No matter what the final tally, the treatment of the living, black and poor and old and sick, was a disgrace."

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12y ago

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Is every statement a matter of opinion?

Not every statement is a matter of opinion. Some statements can be based on facts, evidence, or objective truths. Opinion-based statements are typically subjective and can vary among different individuals.


Why an independent auditor is asked to express an opinion on the fair presentation of financial statements?

An independent auditor is asked to express an opinion on the fair presentation of financial statements because a company may not be objective with respect to its own financial statements.


What is adverse opinion?

An adverse opinion is an independent auditor's written view that an organization's financial statements are inaccurate. This indicates that the statements are misleading or may not follow accepted accounting rules.


What is adverse audit opinion?

An adverse opinion is an independent auditor's written view that an organization's financial statements are inaccurate. This indicates that the statements are misleading or may not follow accepted accounting rules.


What is Positive statement?

A position statement is an opinion.


Who is qualified to express an auditor's opinion about an entity's financial statements?

CPA


What is a conclusion or opinion based on clues or statements from a story call?

It is called an inference.


What are the five types of reports issued by an auditor?

The auditor can issue five types of reports on financial statements: unqualified opinion, unqualified opinion with modified wording, qualified opinion, adverse opinion, or disclaimer of opinion.


What is a conclusion or opinion based on clues or statements from a story called?

An inference is a conclusion or opinion drawn from clues or statements in a story. It involves using the information provided to make a logical assumption that is not explicitly stated.


What is amending opinion?

An amending opinion is a formal statement issued by an auditor or a professional accountant when they find issues in the financial statements that do not comply with applicable accounting standards. This opinion typically indicates that the financial statements are materially misstated or misleading. It serves to inform stakeholders that the financial information may not accurately reflect the organization's financial position or performance. An amending opinion can impact the trust and credibility of the financial statements among investors, regulators, and other stakeholders.


What statements would most accurately characterize Capulet?

He was indecisive.


What is the difference between statement and opinion?

A statement is a factual assertion that can be proven true or false based on evidence, while an opinion is a belief or judgment that cannot be objectively proven. Statements are based on objective information, while opinions are based on personal interpretations or feelings.