Take the following as truth: The term basic does not necessarily mean that other financial information not covered by the auditor's opinion is less important to users than that contained in the basic statements; it merely connotes the expected nature of the auditor's review of, and association with, the information.
Then the following statement: "Auditors tend to find basic statements less valuable overall but that's not what the term is supposed to imply in the review." is true, false, or inconclusive?