Whenever an auditor issues a standard unmodified opinion, the implication is that the auditor:
A) does not know if the report is prepared and presented fairly in all material respects in accordance with an applicable accounting framework.
B) does not believe the report is prepared or presented fairly in all material respects in accordance with an applicable accounting framework.
C) is satisfied that the report is prepared and presented fairly in all material respects in accordance with an applicable accounting framework.
D) is satisfied that the report is prepared and presented fairly except for a specific aspect of it.
Correct Answer:
Verified
Q1: The most common type of audit report
Q2: It is appropriate to issue an opinion
Q3: It is more difficult to evaluate the
Q4: What condition/s require/s departure from an unmodified
Q6: The auditor's conclusions are stated as opinion
Q7: As the auditor was enagaged to undertake
Q8: Where the preparers of the financial report
Q9: Under certain circumstances, the auditor is required
Q10: Auditors sometimes encounter situations in which the
Q11: When amounts are so material that an
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