What does an unqualified auditor’s report indicate?

(a) The financial statements unfairly and inaccurately present the company’s financial position for the accounting period.

(b) The financial statements present fairly the financial position, the results of operations, and the changes in cash flows for the company.

(c) There are certain factors that might impair the firm’s ability to continue as a going concern.

(d) Certain managers within the firm are unqualified and, as such, are not fairly or adequately representing the interests of the shareholders.