Multiple Choice
Tech Company has disclosed an uncertainty due to pending litigation. The auditor's decision to issue a qualified opinion rather than an unqualified opinion most likely would be determined by the:
A) Lack of sufficient evidence.
B) Inability to estimate the amount of loss.
C) Entity's lack of experience with such litigation.
D) Lack of insurance coverage for possible losses from such litigation.
Correct Answer:
Verified
Correct Answer:
Verified
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