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Andrew Is Performing an Audit of the Financial Statements of a Cosmetics

Question 112

Multiple Choice

Andrew is performing an audit of the financial statements of a cosmetics company. While analyzing the financial statements, he identifies some minor concerns. However, he believes that on balance the company's statements are accurate and its accounting methods are consistent with the generally accepted accounting principles. In this scenario, the independent auditor's report will most likely offer a(n) _____.


A) qualified opinion
B) unqualified opinion
C) adverse opinion
D) concurring opinion

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