Post Utme Ims U 2022 Commerce Question 37

Practice objective / multiple choice question 37 from the 2022 Post Utme Ims U Commerce examination.

Post Utme Ims U 2022 Commerce Objective / Multiple Choice
Question 37 POST_UTME_IMS_U • 2022 • COMMERCE • objective

A company's financial statements are audited annually. The auditor's report states that the company's financial position is 'fairly presented' but notes that the company's management has not provided sufficient evidence to support the valuation of its assets. Which of the following is the most appropriate response by the auditor?

Answer Options

Correct Answer A. The auditor should express a qualified opinion.
B. The auditor should express an adverse opinion.
C. The auditor should express a disclaimer of opinion.
D. The auditor should express an unqualified opinion.
Correct Answer
A
Correct Option:
The auditor should express a qualified opinion.

About This Question

This is Post Utme Ims U 2022 Commerce Question 37. It is one of the objective questions from the 2022 Post Utme Ims U Commerce examination.

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