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What is meant by negative assurance?
Auditingmedium
AThe auditor cannot give an opinion due to lack of evidence.
BThe client’s financial statements were found to be materially misstated.
CThe auditor could not conduct any tests due to lack of controls.
The auditor did not find anything to indicate that a material misstatement exists.
Correct Answer: D. The auditor did not find anything to indicate that a material misstatement exists.
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