What Type of Audit Report Indicates That the fiNancial Statements

question 157

Multiple Choice

What type of audit report indicates that the financial statements present fairly the financial position, results of operations and the cash flows for the accounting period?

• A) A disclaimer of opinion
• B) A qualified report
• C) An unqualified report
• D) An adverse opinion

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Definitions:

Preferred Date

is the specific date chosen or requested by an individual or organization for an event or appointment to take place.

Efficient Use

The practice of utilizing resources in a manner that maximizes productivity and effectiveness while minimizing waste.

Double-Booking

The practice of scheduling two appointments or reservations for the same time slot.

Practitioner

A professional engaged in the practice of a particular profession, often in healthcare or law.