Question 7 (4 points)

Auditors are liable under the following circumstances.

Question 7 options:

	If they sign an unqualified opinion that a company's financial records and statements are fairly and appropriately presented.
	If they sign an unqualified opinion that a company's financial records and statements are fairly and appropriately presented and it is discovered that the records inflated income.
	If they sign a qualified opinion that a company's financial records and statements are not fairly and appropriately presented and the records and statements are accurate.
	If they sign an unqualified opinion that a company's financial records and statements are fairly and appropriately presented knowing this is not true.