AGA Exam CGFM Topic 2 Question 64 Discussion

Actual exam question for AGA's CGFM exam

Question #: 64
Topic #: 2

[All CGFM Questions]

Which of the following opinions is not expressed by auditors as to whether financial statements are expressed fairly in all material respects with respect to generally accepted accounting principles?

AUnqualified opinion

BQualified opinion

CDisclaimer

DReversal opinion

Show Suggested Answer

Suggested Answer: D

by Brice at Jan 12, 2025, 06:24 PM

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Galen

13 days ago

Hmm, a reversal opinion? I think that's just a fancy way of saying 'I have no idea what's going on.' C is the way to go.

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Sharee

21 days ago

Hmm, I see your point. Maybe we should review the definitions of each opinion to be sure.

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Leoma

21 days ago

D, reversal opinion? Sounds like someone's trying to pull a fast one on us. I'll stick with A, the unqualified opinion.

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1 months ago

Oh my, a reversal opinion? That's a new one! I'm going with C, the good old reliable disclaimer.

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Yaeko

6 days ago

Tijuana: Interesting, let's wait and see what the correct answer is.

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Tiera

8 days ago

User 3: I'm with User Comment, I also think it's C, a disclaimer.

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Tijuana

10 days ago

User 2: I disagree, I believe it's B, a qualified opinion.

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Aretha

1 months ago

User 1: I think it's A, an adverse opinion.

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