Match Each Auditor's Report with the Phrase That Correctly Describes

question 69

Multiple Choice

Match each auditor's report with the phrase that correctly describes it.
-This opinion states that the financial statements do not present fairly the financial position,results of operations,and cash flows of the entity in conformity with generally accepted accounting principles.

• A)adverse
• B)unqualified
• C)qualified
• D)reviewed
• E)disclaimer
• F)compiled

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Definitions:

Developmental Problems

Difficulties in physical, emotional, cognitive, or social growth that may affect a person's ability to achieve typical developmental milestones.

Permissive

Characterized by a lenient or liberal attitude, allowing or tolerating behaviors that others might restrict.

Neglectful

Characterized by a lack of attention, care, or consideration towards someone or something.

Authoritarian

A style of governance or leadership characterized by strict obedience, control, and authority, often with little regard for individual freedom and autonomy.