Q
What is meant by negative assurance?
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A
A. The auditor cannot give an opinion due to lack of evidence.
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B
B. The clientβs financial statements were found to be materially misstated.
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C
C. The auditor could not conduct any tests due to lack of controls.
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D
D. The auditor did not find anything to indicate that a material misstatement exists.
Correct Answer:
D. D. The auditor did not find anything to indicate that a material misstatement exists.
