When issuing an unqualified opinion the auditor who evaluates the audit findings should be satisfied that the
A. Amount of known miss-statement is documented in working papers
B. Estimates of the total likely misstatement are less than the materiality level
C. Estimated total likely misstatement is more than the materiality level
D. Estimates of the total likely misstatement cannot be made
Answer:B
When issuing an unqualified opinion the auditor who evaluates the audit findings should be satisfied that the
A. Amount of known miss-statement is documented in working papers B. Estimates of the total likely misstatement are less than the materiality level C. Estimated total likely misstatement is more than the materiality level D. Estimates of the total likely misstatement cannot be made