By its silence, a clean opinion implies that the financial statement disclosures are reasonably adequate.

Name: By its silence, a clean opinion implies that the financial statement disclosures are reasonably adequate.
Brand: Quizplus
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Question

Quizplus · Accepted Answer

A clean opinion means that the financial statements are free from material misstatements and the disclosures are reasonably adequate. Therefore, the silence implies that the disclosures are reasonably adequate.

By Its Silence, a Clean Opinion Implies That the Financial