Question No 31:
Which THREE of the following must an auditor consider in order to form an opinion on the truth and fairness of an entity's financial statements?
A. Whether the entity has kept proper accounting records.
B. Whether the entity has complied with the relevant legislator requirements in respect of the necessary disclosures.
C. Whether all the information and explanations necessary for the purposes of the audit have been received.
D. Whether every transaction that underpins the financial statements has been correctly recorded.
E. Whether the entity has been exposed to any fraud.
Answer: A, B, C