After completing an audit, the most unfavorable opinion an ...

[cartlidgeashley]

After completing an audit, the most unfavorable opinion an auditor can issue is a disclaimer of opinion.
  Indicate whether the statement is true or false

Question 2

An auditor for Ralco Accounting firm was auditing the financial statements of E-prise. The auditor suspected that E-prise was engaged in illegal activity. Under the Securities Exchange Act of 1934, the auditor is required to notify E-prise's board of directors of the suspicions.
  Indicate whether the statement is true or false

[joewallace]

Answer to Question 1

FALSE

Answer to Question 2

TRUE