7. What is an unqualified opinion audit report? * OA) A report stating that the auditors are not qualified to report on a firm. OB) A report that states the financial statements are in violation of GAAP. O C) A report that states that departures from GAAP exist in the firm's financial statements. O D) A report that states the financial statements are presented fairly, in all material respects, and are in conformity with GAAP. 8. How is accounts receivable reported on the balance sheet? * OA) At their net realizable value. B) At the actual amount less an allowance for doubtful accounts. O c) At the actual amount plus an allowance for doubtful accounts. O D) Both (A) and (B)