alleryStart learning →Which phrase marks the opinion paragraph of a qualified report?
AWe do not express any opinion
BStatements do not present fairly
CExcept for the matter described
DWithout any reservation at all
Answer & Solution
Correct answer: C. Except for the matter described
The qualified opinion carves out the described matter with an except for phrase.
Keep practising Auditor's Report
Browse all Auditor's Report questions for CA Final, or explore more Auditing topics.
Related questions
Audit reports derive their value mainly from doing what to financial statements?A report meant only for a parent company is what?Independence of the auditor mainly supports which feature of the report?The introductory paragraph of the traditional report identifies what?In the traditional three-paragraph report, which paragraph describes the nature of the audWhat does a report to the audit committee typically give?Firing an auditor to hunt for a clean opinion is called what?Sarbanes-Oxley set up which audit regulator?