alleryStart learning →An unqualified opinion is not a clean bill of health for the company because the auditor gives only what level of assurance?
AAbsolute assurance
BLimited assurance
CReasonable assurance
DNegative assurance
Answer & Solution
Correct answer: C. Reasonable assurance
Audits give reasonable assurance about the financial statements, not a guarantee about the company's health or records outside them.
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