A practitioner's unqualified (unmodified) opinion based upon an examination may ordinarily be on: $$\begin{array} { | c | c | c | }
\hline & \begin{array} { r }
\text { Subject } \
\text { Matter }
\end{array} & \text { Assertion}\
\hline \text { A. } & \text { Yes } & \text { Yes } \
\hline \text { B. } & \text { Yes } & \text { No } \
\hline \text { C. } & \text { No } & \text { Yes } \
\hline \text { D. } & \text { No } & \text { No } \
\hline
\end{array}$$
A) Option A
B) Option B
C) Option C
D) Option D

Question

A practitioner's unqualified (unmodified) opinion based upon an examination may ordinarily be on: $$\begin{array} { | c | c | c | } 
\hline & \begin{array} { r } 
\text { Subject } \
\text { Matter }
\end{array} & \text { Assertion}\
\hline \text { A. } & \text { Yes } & \text { Yes } \
\hline \text { B. } & \text { Yes } & \text { No } \
\hline \text { C. } & \text { No } & \text { Yes } \
\hline \text { D. } & \text { No } & \text { No } \
\hline
\end{array}$$
A) Option A
B) Option B
C) Option C
D) Option D

Quizplus · Accepted Answer

An unqualified opinion is expressed when the auditor has obtained sufficient appropriate evidence to provide a reasonable basis for an opinion regarding the financial statements as a whole. The auditor's opinion is based on the examination of the financial statements and the underlying accounting records.

A Practitioner's Unqualified (Unmodified) Opinion Based Upon an Examination May