An Audit Opinion Stating That the Statements Are Unreliable Is

question 41

Multiple Choice

An audit opinion stating that the statements are unreliable is known as an) :

• A)disclaimer.
• B)clean opinion.
• C)adverse opinion.
• D)qualified opinion.

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Definitions:

Conservatism

In finance, it refers to a risk-averse approach to investing or managing assets, prioritizing safety and preservation of capital.

Beliefs

The conviction or acceptance that something exists or is true, especially without proof, often informing decision-making processes in various contexts, including investing.

Stock's Future Performance

Projections or estimates about how a stock will perform in the future based on various indicators and analysis.

Put/Call Ratio

A technical indicator that shows the trading volume of put options compared to call options, often used to gauge market sentiment.