An audit opinion ________. A) is a report prepared by a ...

[dmcintosh]

An audit opinion ________.
 
  A) is a report prepared by a Certified Public Accountant (CPA) indicating the financial statements have been examined
  B) is required by the Securities and Exchange Commission to accompany the financial statements of publicly-traded companies
  C) is a report prepared by the Internal Revenue Service (IRS)
  D) is two or more of these

Question 2

Which of the following will be the same amount regardless of the cost flow assumption adopted?
 a. number of items ordered
  b. gross profit
  c. cost of goods sold
  d. ending merchandise inventory

[quynhmickitran]

Answer to Question 1

D

Answer to Question 2

a

[dmcintosh]

Thank you

[quynhmickitran]

No problemo