Multiple Choice
If the previous period's financial statements are unaudited, and sufficient appropriate evidence is unavailable, then the current auditor's report will be:
A) qualified on the basis of scope limitation.
B) unqualified on the basis that the comparatives are unaudited and no opinion is expressed on them.
C) qualified on the basis that the comparatives are unaudited and an opinion is expressed on them.
D) qualified on the basis that the comparatives are unaudited and no opinion is expressed on them.
Correct Answer:

Verified
Correct Answer:
Verified
Q2: An adverse opinion is most likely to
Q3: i. The law requires the disclosure and
Q4: Section 302.of the Corporations Act prescribes that
Q5: ASA 700 provides explanatory guidance on all
Q6: Which of these factors could not be
Q7: In addition to the requirements of ASA
Q8: Which of these items does not form
Q9: Comparatives refer to amounts or disclosures of
Q10: A standard unqualified audit report is not
Q11: The auditor of a reporting entity for