Auditor has to give its opinion whether the financial statement depicts _______________.

True and correct view

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Fair and correct view

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True and fair view

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True and exact view

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Solution

The correct option is C True and fair view
The objective of an audit is to check the fairness of financial statements. Auditors accumulate evidence to reach conclusion about the fairness of financial statements. An auditor has a duty to provide reasonable assurance that material misstatements will be deleted.

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______________ present a true and fair view of the financial position of the business.

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