When financial statements are materially but not pervasively massaged, an auditor may express a

a. Yes No
b. Yes Yes
c. No Yes
d. No No

Ans: b. Yes Yes

Business

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Under the cost method for recording investments, dividends are recorded by reducing the Investment in Subsidiary asset account

a. true b. false

Business

An unequivocal acceptance must not contain conditions or exceptions

Indicate whether the statement is true or false

Business