alleryStart learning →The opinion paragraph of an adverse report says the statements:
ADo not present fairly
BPresent fairly
CWere not audited
DAre exempt from audit
Answer & Solution
Correct answer: A. Do not present fairly
An adverse opinion states clearly that the statements do not present fairly, in all material respects.
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?