A qualified opinion states that the company's financial statements are fairly represented except for,or subject to,a departure from GAAPs,a change in accounting principles,or a material uncertainty.

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A qualified opinion is an auditor's opinion that the financial statements are fairly presented except for some specific areas that are noted in their report, such as a departure from Generally Accepted Accounting Principles (GAAP), a change in accounting principles, or a material uncertainty related to the company's ability to continue as a going concern.

A Qualified Opinion States That the Company's Financial Statements Are