Which type of audit opinion is appropriate if an auditor is not deemed to be independent?
A) Disclaimer of opinion.
B) Unqualified.
C) Qualified.
D) Adverse.

Question

Quizplus · Accepted Answer

If an auditor is not deemed to be independent, they cannot issue an unqualified or qualified opinion. Instead, they must issue a disclaimer of opinion, indicating that they cannot express an opinion on the financial statements. An adverse opinion is issued when the financial statements are materially misstated, which is not the case here.

Which Type of Audit Opinion Is Appropriate If an Auditor