An auditor has concluded that the financial statements are not fairly presented in that they are pervasively misstated. the most appropriate type of audit opinion is: adverse.
According to a adverse opinion, the financial statements do not accurately reflect the entity's financial situation, operational performance, or cash flows in accordance with generally accepted accounting standards.
Financial statements are documents that describe a company's operations and financial performance. Government organisations, accounting companies, etc. frequently audit financial accounts to guarantee accuracy and for tax, financing, or investment purposes.
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