When a User Sees That a Standard Unqualified Opinion Has

Multiple Choice

When a user sees that a standard unqualified opinion has been expressed by an external auditor, he or she may correctly infer that:

A) no material errors were found during the engagement.
B) no embezzlements remain undetected.
C) any system defects encountered during the engagement have been corrected to the auditor's satisfaction.
D) any differences between management and the auditor on material accounting matters have been resolved to the auditor's satisfaction.
E) any detected management fraud is immaterial.