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What is the required standard of care required of an auditor, in auditing a company's financial statements?

a. Whether the expectations of the management of the company are met.
b. Whether the financial statements conform to GAAP.
c. Whether the auditor performed the audit with the skill and care expected of an ordinarily prudent auditor under the circumstances.
d. Whether the audit was designed and executed to discover all acts of fraud.

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Accounting Basics, Accounting

Category:- Accounting Basics
Reference No.:- M9976555

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