What type of audit report indicates that the ﬁnancial statements present fairly the ﬁnancial position, results of operations and the cash ﬂows for the accounting period?
A) A disclaimer of opinion
B) A qualiﬁed report
C) An unqualiﬁed report
D) An adverse opinion

Question

Quizplus · Accepted Answer

An unqualified report indicates that the auditor believes the financial statements present fairly the financial position, results of operations, and cash flows for the accounting period, in conformity with the applicable financial reporting framework.

What Type of Audit Report Indicates That the ﬁNancial Statements