Which of the following opinions would an auditor make for a company that, he or she feels, has materially misstated certain items on its financial statements?
A) an unqualified opinion
B) an adverse opinion
C) a qualified opinion
D) a disclaimer of opinion

Question

Quizplus · Accepted Answer

An adverse opinion is given when the auditor believes that the financial statements are materially misstated, and the effect is pervasive throughout the statements. It is the most serious type of opinion a company can receive and indicates that the financial statements are not reliable.

Which of the Following Opinions Would an Auditor Make for a Company