An example of an unmodified audit opinion is:
A)unqualified audit opinion with an emphasis of matter.
B)adverse audit opinion.
C)qualified audit opinion.
D)none of the above.

Question

Quizplus · Accepted Answer

An unmodified audit opinion, also known as an unqualified audit opinion, is the best possible outcome for an audit. This means that the financial statements are free from material misstatement and the audit was conducted in accordance with auditing standards. An emphasis of matter paragraph may be included if there are significant events or transactions that need to be highlighted, but it does not affect the unmodified opinion. Therefore, option A is the correct answer. Option B is incorrect as an adverse opinion is issued when the financial statements are materially misstated and pervasive in nature. Option C is incorrect as a qualified opinion is given when there is a limitation in scope or a departure from generally accepted accounting principles.

An Example of an Unmodified Audit Opinion Is