alleryStart learning →Unqualified opinion indicates changes in accounting principles were what?
ALeft unreported
BProperly disclosed
CQuietly reversed
DLeft to the users
Answer & Solution
Correct answer: B. Properly disclosed
The effects of any change in principles or method must be properly determined and disclosed.
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?