When a misstatement in the financial report would affect a user's decision but the overall statements are still fairly stated, it would be appropriate to issue:
A) a qualified opinion.
B) an inability to form an opinion.
C) an adverse opinion.
D) an unmodified opinion.

Question

Quizplus · Accepted Answer

A misstatement in the financial report that would affect a user's decision but the overall statements are still fairly stated would require the auditor to issue a qualified opinion. This means that while the majority of the financial statements are fairly stated, there is a specific area where the auditor has found an issue or disagreement with the company's accounting practices. The auditor will disclose this issue in the opinion letter.

When a Misstatement in the Financial Report Would Affect a User's