An unqualified opinion would entail that the company's financial statements have some deviation from GAAPs.

Name: An unqualified opinion would entail that the company's financial statements have some deviation from GAAPs.
Brand: Quizplus
Rating: 4.9 (45 reviews)

Question

Quizplus · Accepted Answer

An unqualified opinion is the highest form of assurance given by an auditor and it means that the company's financial statements are presented in accordance with Generally Accepted Accounting Principles (GAAPs). Therefore, it does not involve any deviation from GAAPs.

An Unqualified Opinion Would Entail That the Company's Financial Statements