The standard unmodified audit report
A) is sometimes called a clean opinion.
B) can be issued only with an explanatory paragraph.
C) can be issued if only a balance sheet and income statement are included in the financial statements.
D) is sometimes called a disclaimer report.

Question

Quizplus · Accepted Answer

The standard unmodified audit report is sometimes called a clean opinion because it indicates that the financial statements are fairly presented in all material aspects in accordance with the applicable accounting framework.

The Standard Unmodified Audit Report