Unqualified Reports. Under What Circumstances Would an Auditor Issue an Unqualified Opinion

question 76

Essay

Unqualified reports.
Under what circumstances would an auditor issue an unqualified opinion modified by an explanatory paragraph? Would the paragraph go before or after the opinion paragraph?

---

Definitions:

Dependent Variable

In statistical modeling, this is the variable being tested and measured, often considered the outcome variable that researchers are interested in explaining or predicting.

Correlation Coefficient

A numerical measure that assesses the strength and direction of the linear relationship between two quantitative variables.

Continuous

Refers to data that can take any value within a given range.

Ratio

A relationship between two quantities indicating how many times the first number contains the second.