Which of the Following Statements Best Explains an Unmodified Report

question 33

Multiple Choice

Which of the following statements best explains an unmodified report opinion?

• A)The financial statements contain a departure from GAAP.
• B)The auditor was unable to complete the work necessary to form a complete opinion.
• C)The auditor was not aware of any reasons not to believe the statements are correct.
• D)Based on the evidence obtained,the auditor believes the statements are free of material error.

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Definitions:

Change

The process or act of making something different than it was before, involving alteration or transformation in structure, appearance, or behavior.

Raised

In a workplace context, typically refers to an increase, such as in salary, level, or awareness about an issue.

Recognizing Accomplishments

The act of acknowledging and valuing the achievements or successes of individuals or groups.

Positive Reinforcer

A stimulus or reward that, when presented after a behavior, increases the likelihood of that behavior being repeated.