If the auditor does not find any problems with the way a firm's financial statements were prepared and presented, the report will offer an adverse opinion.
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Q46: Firms must NOT include notes within financial
Q47: Firms must disclose changes in accounting methods
Q48: An unqualified opinion should set off alarm
Q49: Comparative income statements allow users to compare
Q50: Auditors check the accuracy of every accounting
Q52: When an external audit doesn't uncover any
Q53: When auditors discover more serious and widespread
Q54: Many firms offer a comparative statement to
Q55: Ralph owns some stock in the Lottadoe
Q56: Financial accounting uses procedures developed internally that
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