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The work of the external independent auditor includes a letter that states that the financial information represents fairly the financial position of the company and that these statements were:

a. based on the company's accounting information system (AIS)

b. constructed in conformity with generally accepted accounting principles

c. an accurate picture of the company's market position

d. developed using management's choice of accounting enhancement techniques

Financial Management, Finance

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  • Reference No.:- M91382339

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