A clean opinion does not imply that the financial statement disclosures are reasonably adequate.

Name: A clean opinion does not imply that the financial statement disclosures are reasonably adequate.
Brand: Quizplus
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Question

Quizplus · Accepted Answer

A clean opinion, also known as an unqualified opinion, implies that the auditor believes the financial statements are free of material misstatements and that the financial statement disclosures are reasonably adequate, presenting the financial position and results fairly in all material respects.

A Clean Opinion Does Not Imply That the Financial Statement