The most favorable opinion that an auditor can express is the A. Unqualified opi
ID: 2502903 • Letter: T
Question
The most favorable opinion that an auditor can express is the
A.
Unqualified opinion
B.
Qualified opinion
C.
Adverse opinion
D.
Disclaimer
Which of the following is NOT one of the goals of an internal control system?
A.
Safeguarding the company's assets
B.
Ensuring that the company is using the most effective marketing plan
C.
The assessment of the degree of compliance with company policies and public laws
D.
Enhancing the reliability of its accounting records
Deposits in transit
A. have been recorded on the company's books but not yet by the bank.
B. have been recorded by the bank but not yet by the company.
C. have not been recorded by the bank or the company.
D. are customers
The most favorable opinion that an auditor can express is the
A.
Unqualified opinion
B.
Qualified opinion
C.
Adverse opinion
D.
Disclaimer
Which of the following is NOT one of the goals of an internal control system?
A.
Safeguarding the company's assets
B.
Ensuring that the company is using the most effective marketing plan
C.
The assessment of the degree of compliance with company policies and public laws
D.
Enhancing the reliability of its accounting records
Explanation / Answer
Q1) B
Q2) B
Q3) A
Q4) A
Q5) C
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