What type of audit report indicates that the financial statements have been presented fairly?
A) An unqualified report.
B) A disclaimer of opinion.
C) A qualified report.
D) An adverse opinion.

Question

Quizplus · Accepted Answer

An unqualified report, also known as a clean report, indicates that the financial statements have been presented fairly in all material respects, in accordance with the applicable financial reporting framework. This is the best type of audit report a company can receive.

What Type of Audit Report Indicates That the Financial Statements