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QUESTION 15 XYZ Co.'s external auditor rendered an opinion on the financial statements which stated that, in the opinion of the auditor, the financial statements

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QUESTION 15 XYZ Co.'s external auditor rendered an opinion on the financial statements which stated that, in the opinion of the auditor, the financial statements and related disclosures fairly presented financial information in all material respects fairly in terms of U.S. GAAP except for the fact that an asset that should have been reported at original historical cost was reported at its higher fair market value as of the date of the preparation of the statement of financial position. This is an example of a (an): oa Qunified opinion Ob. Disclaimer opinion Adverse opinion d. Unqualified unmodified) opinion

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