What category of audit report will be issued if the auditor concludes that the financial statements are not fairly presented?
A) disclaimer
B) qualified
C) standard unmodified opinion
D) adverse

Question

Quizplus · Accepted Answer

An adverse audit report is issued when the auditor concludes that the financial statements are not fairly presented, and the issues are so material and pervasive that they cause substantial doubt about the entity's ability to continue operations or affect the users' decisions.

What Category of Audit Report Will Be Issued If the Auditor