When auditors determine that the financial statements of a private firm are presented fairly in accordance with the applicable financial reporting framework, they issue the standard _______ report, which is often referred to as a "_______" report.
A)unmodified, clean
B)qualified, clean
C)modified, rough
D)unqualified, rough

Question

Quizplus · Accepted Answer

When auditors determine that the financial statements of a private firm are presented fairly in accordance with the applicable financial reporting framework, they issue the standard unmodified report, which is often referred to as a "clean" report.

When Auditors Determine That the Financial Statements of a Private