Audit Report Components Quiz
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Questions and Answers

Which part of the audit report outlines the responsibilities of the management?

  • Opinion paragraph
  • Report title
  • Introductory paragraph (correct)
  • Audit report date
  • Where would you expect to find the signature and address of the CPA firm in the standard unmodified opinion audit report?

  • Before the management’s responsibility section
  • In the opinion paragraph
  • At the end of the report, after the opinion paragraph (correct)
  • In the introductory paragraph
  • What part of the audit report signifies the auditor's conclusion on the financial statements?

  • Opinion paragraph (correct)
  • Audit report address
  • Management’s responsibility
  • Report title
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