In most audits, the auditor issues a(n):
A) qualified audit report.
B) unqualified audit report.
C) scope limited audit report.
D) adverse audit report.

Question

Quizplus · Accepted Answer

An unqualified audit report is the most common type of report issued by auditors, indicating that the financial statements are free from material misstatements and are in accordance with generally accepted accounting principles (GAAP).

In Most Audits, the Auditor Issues A(n)