If financial statements contain an immaterial departure from accounting principles,the auditors can render a(n)
A) Qualified opinion.
B) "Subject to" opinion.
C) Unqualified opinion.
D) Unqualified opinion with explanatory paragraph.

Question

Quizplus · Accepted Answer

If the departure from accounting principles is immaterial, the auditors can still issue an unqualified opinion. An unqualified opinion indicates that the financial statements are presented fairly in all material respects in accordance with the applicable accounting framework.

If Financial Statements Contain an Immaterial Departure from Accounting Principles,the