An auditor's opinion that a company's financial statements fairly represent the company's financial position,the results of its operations,and the change in cash flows for the period under audit,in conformity with generally accepted accounting principles is referred to as a(n)________.

Question

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An unqualified opinion is a positive opinion given by an auditor stating that the financial statements are fairly presented in conformity with generally accepted accounting principles. This is the ideal and most favorable opinion that a company can receive from its auditor.

An Auditor's Opinion That a Company's Financial Statements Fairly Represent