Multiple Choice
The term "unqualified audit opinion" is commonly used when referring to an audit report having which characteristic?
A) The auditor who performed the audit was not properly licensed as a CPA.
B) The auditor has no need to call attention to anything wrong with the audit work or the financial statements.
C) The auditor conducted the audit according to a different set of standards than GAAS.
D) That auditor is reporting on financial statements that are not limited to specific reporting period.
Correct Answer:
Verified
Correct Answer:
Verified
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