An Unqualified Audit Opinion Rendered on a Governmental Unit's General

question 7

Multiple Choice

An unqualified audit opinion rendered on a governmental unit's general purpose external financial statements means those statements

• A)Contain departures from GAAP that may make them misleading.
• B)Have been audited by an auditor with limited qualifications.
• C)Present fairly in conformity with GAAP.
• D)Have been certified as free from error.

---

Definitions:

Cumulative Data

Data that aggregates or accumulates over time, adding up as new data comes in to represent a total or sum.

Cumulative Percent

A statistical calculation that shows the percentage total of observations that fall below or at a specific value when data is arranged in ascending order.

Statistics Students

Individuals engaged in the study of collecting, analyzing, interpreting, and presenting empirical data.

Hours Worked

The total number of hours spent working by an individual or group within a specific period, such as a day or week.