Multiple Choice
An audit report included an additional paragraph disclosing a difference of opinion between the auditor and the client.The auditor believed that an adjustment should be made to the financial statements.The opinion paragraph of the audit report should express
A) An unqualified opinion.
B) An "except for" opinion citing a departure from generally accepted accounting principles.
C) An "except for" opinion citing a scope limitation.
D) A disclaimer of opinion.
Correct Answer:
Verified
Correct Answer:
Verified
Q3: Restrictions imposed by a client prohibited the
Q4: Levels of assurance refer to<br>A)The nature of
Q5: A disclaimer of opinion generally indicates<br>A)The auditor
Q6: What is the best description of the
Q8: An auditor who is reporting on financial
Q14: By its silence, a clean opinion implies
Q33: Auditors cannot give negative assurance in an
Q41: When the auditor is not independent, a
Q43: What are the three ways that accountants
Q49: Many users interpret audit reports based on