In an Unqualified Opinion, the Auditing Firm Expresses That the Company's

question 116

Multiple Choice

In an unqualified opinion, the auditing firm expresses that the company's:

• A)financial statements are in conformity with U.S. GAAP.
• B)financial statements present fairly, in all material respects, the company's financial position as of the end of the accounting period and results of operations for a period of time.
• C)financial statements provide substantial evidence that the company is a safe investment.
• D)A and B

---

Definitions:

Otitis Media

Inflammation of the middle ear.

Sense of Fullness

The feeling of being adequately full or satiated, often related to the consumption of food.

Upper Respiratory Tract

The part of the respiratory system that includes the nose, nasal passages, pharynx, and larynx.

Pharyngitis

Inflammation of the back of the throat, known as the pharynx, typically resulting in a sore throat and difficulty swallowing.