The audit of the financial statements does not relieve management or those charged with governance of those responsibilities.Select one:TrueFalse

The audit of the financial statements relieves management or those charged with governance of responsibilities.Select one:TrueFalse

The financial statements subject to audit are those of the entity, prepared and presented by management of the entity with oversight from those charged with governance.Select one:TrueFalse

After the financial statements have been issued, the auditor has still the obligation to perform any audit procedures regarding such financial statements.Select one:TrueFalse

Some risk exists that the financial statements are not fairly stated, even when the auditor's opinion is unmodified.Group of answer choicesTrueFalse

The purpose of an audit of financial statements is to