Paul is an independent auditor who has been hired to audit Pattorna,Inc.'s financial records.He finds that there is insufficient information about the financial records to draw a conclusion about their accuracy.Which of the following would Paul issue?
A) an unqualified opinion
B) a qualified opinion
C) an adverse opinion
D) a disclaimer of opinion

Question

Quizplus · Accepted Answer

A disclaimer of opinion is issued when an auditor does not have enough information to form an opinion on the accuracy of the financial records. This is the appropriate choice in this scenario.

Paul Is an Independent Auditor Who Has Been Hired to Audit