What Is the Most Favorable Audit Opinion That a Company

question 77

Multiple Choice

What is the most favorable audit opinion that a company can receive on its financial statements?

• A)Adverse opinion
• B)Unqualified opinion
• C)Disclaimer of opinion
• D)Qualified opinion

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Definitions:

Gen

Short for generation, referring to a distinct group within a defined time period sharing similar age and characteristics.

Cidal

Relating to agents or processes that kill cells or organisms, used commonly in the context of antibiotics or antiseptics.

Blast

A sudden and violent release of energy, often resulting in an explosion, or in biology, a precursor cell that can differentiate into various types of cells.

Ory

A suffix meaning 'pertaining to' or 'of the nature of,' used in the formation of adjectives.