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Question 3 Not yet answered Marked out of 1.00 Flag question Mr. Badar, an external auditor of ABC Company, wrote his audit report as follows: "In my opinion, because of the significance of the matter discussed in the basis of opinion paragraph, the consolidated financial statements do not present fairly (or do not give a true and fair view of) the financial position of ABC Company as of December 31, 2020, and their financial performance and cash flows for the year then ended in accordance with the International Financial Reporting Standards." Which type of audit report do you think Mr. Badar and his team gave to the company? a. Adverse opinion b. Qualified opinion O c. Disclaimer of opinion O d. Unqualified opinion Identify the final stage of the overall audit process from the following: a. Conducting onsite fieldwork b. Preparing an audit plan c. Assessing the risks O d. Setting up a closing meeting
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