Unmodified audit opinions are most common because a. Auditors want to retain the clients business in future.

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Unmodified audit opinions are most common because

a. Auditors want to retain the client’s business in future.

b. Public companies are required to get qualified audit reports with unmodified opinions.

c. Auditors exercise judgment to eliminate most modifications.

d. Company management benefits from unmodified opinions because they reduce the information risk faced by the financial statement users.

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Auditing An International Approach

ISBN: 978-1259087462

7th edition

Authors: Wally J. Smieliauskas, Kathryn Bewley

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