- CFA Exams
- CFA Level I Exam
- Study Session 9. Financial Reporting and Analysis (4)
- Reading 29. Financial Reporting Quality
- Subject 3. Context for Assessing Financial Reporting Quality
CFA Practice Question
An unqualified opinion means that ______
A. the auditor is unqualified.
B. the opinion itself is unqualified and should be dismissed.
C. the financial statements give a true and fair view in accordance with the financial reporting framework (e.g., G.A.A.P.).
Explanation: This is the best type of report an auditee may receive from an external auditor.
User Contributed Comments 0
You need to log in first to add your comment.