23 What does an unqualified auditor's report indicate? a. The financial statements unfairly and inaccurately present the company's financial position for the accounting period. b. The financial statements present fairly the financial position, the results of operations, and the changes in cash flows for the company. c. There are certain factors that might impair the firm's ability to continue as a going concern. d. Certain managers within the firm are unqualified and, as such, are not fairly or adequately representing the interests of the shareholders. Question 24 Cost method for investment allows the investor proportionate recognition of the investee's net income, irrespective of the payment or nonpayment of cash dividends. True False Question 25 Which group of people would be the most concerned about the operating areas that have contributed to the success of the firm and which have not? a. Customers. b. Auditors. c. Creditors. d. Management. Question 26 The current ratio is a measure of all the ratios calculated for the current year. True False Question 27 Form 10-Q is an annually report filed with the Securities and Exchange Commission by companies that sell securities to the public. True False