MCQ Practice

When issuing unqualified opinion, the auditor who evaluates the audit findings should be satisfied that the_____________?

Subject: AuditingTopic: Auditing
A

Amount of known misstatement is documented in working papers

B

Estimates of the total likely misstatement is less than materiality level

C

Estimate of the total likely misstatement is more than materially level

D

Estimates of the total likely misstatement cannot be made

Correct Answer: B