The most favorable audit opinion that a company can receive is a(n):
A)adverse opinion
B)qualified opinion
C)disclaimer of opinion
D)unqualified opinion

Name: The most favorable audit opinion that a company can receive is a(n): A)adverse opinion B)qualified opinion C)disclaimer of opinion D)unqualified opinion
Brand: Quizplus
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Question

Quizplus · Accepted Answer

An unqualified opinion indicates that the independent auditor has found the financial statements to be materially correct and in compliance with GAAP.

The Most Favorable Audit Opinion That a Company Can Receive