Start learning →

A material misstatement sits in one balance and is not pervasive. Which opinion is given?

AUnmodified opinion
BDisclaimer of opinion
CQualified opinion
DAdverse opinion
Answer & Solution
Correct answer: C. Qualified opinion
A material but non-pervasive misstatement in one balance leads to a qualified opinion.
Practise this question with Quill — CA Final →

Keep practising Financial Audit

Browse all Financial Audit questions for CA Final, or explore more Auditing topics.

Start a Financial Audit lesson →
Related questions