Definition of pre-tax: The gross amount paid for a good or service before taxes are taken out. Pre-tax exists in various financial transactions, such as wages paid, healthcare plans, childcare plans, and retirement ... Dictionary Term of Day Articles Subjects Sign Up BusinessDictionary
Unqualified Opinion. Often called a clean opinion, an unqualified opinion is an audit report that is issued when an auditor determines that each of the financial records provided by the small business is free of any misrepresentations.n audit report is an appraisal of a small businessâs complete financial status. Completed by an independent accounting professional, this document covers a companyâs assets and liabilities, and presents the auditorâs educated assessment of the firmâs financial position and future.
Dissenting opinion. A dissenting opinion (or dissent) is an opinion in a legal case in certain legal systems written by one or more judges expressing disagreement with the majority opinion of the court which gives rise to its judgment. When not necessarily referring to a legal decision, this can also be referred to as a minority report.