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An Unqualified Auditors' Opinion About an Entity's Financial Statements

Question 13

Multiple Choice

An unqualified auditors' opinion about an entity's financial statements:


A) is a clean bill of health.
B) means that all of the entity's transactions during the audited period were checked out.
C) guarantees that the entity was not involved in or the victim of any fraudulent activities during the audited period.
D) states that they are presented in conformance with U.S. generally accepted accounting principles.

Correct Answer:

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