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:

Foreign Relations

The management and strategy involved in dealings and relationships between nations.

Great Britain

A sovereign nation located off the northwest coast of Europe, comprising England, Scotland, and Wales.

1865

The year marked by the end of the American Civil War and the assassination of President Abraham Lincoln; significant for the passage of the Thirteenth Amendment, which abolished slavery in the United States.

1914

The year that marked the start of World War I, a major global conflict that reshaped international politics and alliances.