Multiple Choice
A client has changed the salvage values of a number of its fixed assets.The auditors of the public company believe that the revised salvage values are realistic.The appropriate report on the financial statements is:
A) Standard unqualified.
B) Unqualified with explanatory language as to consistency.
C) Qualified for consistency.
D) Disclaimer.
Correct Answer:

Verified
Correct Answer:
Verified
Q27: Which of the following is<b> least </b>likely
Q28: When an auditor of financial statements has
Q29: When an auditor of a nonpublic company
Q30: A basis for modification paragraph in the
Q31: A public company's financial statements should be
Q33: When the auditor is unable to determine
Q34: After considering an entity's negative trends and
Q35: When there is substantial doubt about a
Q36: When the auditors of a nonpublic company
Q37: A change that the auditor agrees with