What is meant by negative assurance?

A. The auditor cannot give an opinion due to lack of evidence.

B. The client’s financial statements were found to be materially misstated.

C. The auditor could not conduct any tests due to lack of controls.

D. The auditor did not find anything to indicate that a material misstatement exists.Correct Answer

Correct Option: D. The auditor did not find anything to indicate that a material misstatement exists.

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