Final answer:
The management's responsibility and the auditor's report are represented explicitly in the standard auditor's report.
Step-by-step explanation:
The management's responsibility and the auditor's report are represented explicitly in the standard auditor's report.
Management's responsibility is stated explicitly in the report, where it outlines that the management is responsible for the preparation and fair presentation of the financial statements in accordance with the applicable financial reporting framework.
The auditor's responsibility is also stated explicitly in the report, where it outlines the auditor's responsibility to express an opinion on whether the financial statements are prepared, in all material respects, in accordance with the applicable financial reporting framework.