How do unqualified opinions and qualified opinions expressed in the auditor's report differ from one another? Both opinions suggest that the statements are a fair representation of financials, but only qualified opinions highlight minor variances from standard reporting within the statements. Both opinions highlight minor variances from standard reporting within the statements, but only unqualified opinions suggest that the statements are a fair representation of financials. Both opinions suggest that the statements are a fair representation of financials, but only qualified opinions express the belief that the statements conform with GAAP. Both opinions suggest that the statements conform with GAAP, but only unqualified opinions express the belief that the statements are a fair representation of financials