81) An audit report is addressed to the board of directors and shareholders of a company. 82) A denial of opinion issued by an external auditor means the financial statements are unreliable. 83)...

81) An audit report is addressed to the board of directors and shareholders of a company.

82) A denial of opinion issued by an external auditor means the financial statements are unreliable.

83) How is income from continuing operations used in investment analysis?

84) Explain what is meant by the phrase "the quality of earnings."

85) Over the past two decades, research has shown half of financial statement fraud has involved improper revenue recognition. What are the more common revenue recognition schemes?

86) Outline the criteria required for revenue recognition.