If an Auditor Makes a Disclaimer of Opinion, This Means

question 54

Multiple Choice

If an auditor makes a disclaimer of opinion, this means that the auditor is ________.

• A)favorable to the company's financial statement matching its performance but notes a few departures from GAAPs
• B)unfavorable about the financial statement representing the company's position
• C)unable to draw a conclusion about the accuracy of the company's financial records owing to lack of information
• D)favorable of the company's financial statements representing its performance

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Definitions:

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Artificial birds used by hunters to attract real geese into shooting range, designed to mimic the appearance and sometimes behavior of actual geese.

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P-Value

A measure in statistics that helps determine the significance of results from a test hypothesis.

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