A qualified opinion is the most favorable opinion that an accountant can render.

Name: A qualified opinion is the most favorable opinion that an accountant can render.
Brand: Quizplus
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Question

Quizplus · Accepted Answer

A qualified opinion is actually less favorable than an unqualified opinion. A qualified opinion means that the accountant has reservations or limitations with regard to the financial statements, while an unqualified opinion means that the financial statements are presented fairly in all material respects.

A Qualified Opinion Is the Most Favorable Opinion That an Accountant