The fourth reporting standard requires that the auditor's report contain either an expression of opinion regarding the financial statements taken as a whole or an assertion that an opinion cannot be expressed. The objective of the fourth standard is to prevent
a. An auditor from reporting on one basic financial statement and not the others.
b. An auditor from expressing different opinions on each of the basic financial statements.
c. Management from reducing its responsibility for the basic financial statements.
d. Misinterpretations about the degree of responsibility the auditor assumes.
Answer: D