When an auditor submits her report, the organization hopes to receive a qualified report as this is the highest level and indicates that the auditors are satisfied with the organization's financial health and practices and its legal compliance.
Answer the following statement true (T) or false (F)
False
This defines an unqualified report. A qualified report is of a lesser level and indicates that the auditors were dissatisfied in some manner with the organization's financial health and practices and/or its legal compliance.
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