An auditor issuing what type of opinion shows that he has uncovered serious and widespread problems with the preparation of a firm's financial statements?
A)adverse opinion
B)unqualified opinion
C)qualified opinion
D)untenured opinion

Question

Quizplus · Accepted Answer

An adverse opinion indicates that the auditor has found significant issues with the financial statements and that they do not fairly represent the financial position of the company. This type of opinion is only issued when the auditor believes the issues are so severe that the financial statements are not reliable.

An Auditor Issuing What Type of Opinion Shows That He