Question: When an auditor issues an unqualified opinion about internal control over financial reporting for a publicly traded company, the auditor has obtained reasonable assurance that
When an auditor issues an unqualified opinion about internal control over financial reporting for a publicly traded company, the auditor has obtained reasonable assurance that
- The likelihood of fraud is minimal.
- Detection risk is low.
- Internal control over financial reporting is operating effectively.
- The financial statements are fairly presented.
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