An Auditor Issues a Modified Audit Opinion When the Auditor

Multiple Choice

An auditor issues a modified audit opinion when the auditor _______.

A) concludes the financial statements are not presented fairly in accordance with the applicable financial reporting framework because of one or more material misstatements
B) concludes the financial statements are not presented fairly in accordance with the applicable financial reporting framework because of one or more immaterial misstatements
C) is able to gather sufficient appropriate audit evidence to draw a conclusion as to the fair presentation of the financial statements
D) is not able to gather sufficient appropriate audit evidence to draw a conclusion about the unfair presentation of the financial statements