試題詳解

9. An investor reading the financial statements of The Fairbury Corporation observes that the statements are accompanied by an unmodified auditors' report. From this, the investor may conclude that:
(A) Informative disclosures in the financial statements but not necessarily in the footnotes are to be regarded as reasonably adequate.
(B) Any disputes over significant accounting issues have been settled to the auditors' satisfaction.
(C) The auditors have ascertained that Fairbury's financial statements are free from error.
(D) The auditors are satisfied that Fairbury is operationally efficient.