Prince, an auditor, was engaged to audit the financial report of Randwick Company after its financial year had ended.Prince neither observed the inventory count nor confirmed the receivables by direct communication with debtors but was satisfied concerning both after applying alternative procedures.'Prince's auditor's report most likely contained a(n):

Question

Quizplus · Accepted Answer

Prince's alternative procedures were apparently sufficient for him to conclude about the accuracy of the financial statements. As a result, an unmodified opinion—the standard and most desirable type of auditor's report—would be included in his report.

Prince, an Auditor, Was Engaged to Audit the Financial Report