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A Client Has Changed the Salvage Values of a Number

Question 32

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:

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