Ray,an Independent Auditor,was Engaged to Perform an Audit of the Financial

Multiple Choice

Ray,an independent auditor,was engaged to perform an audit of the financial statements of Zena Incorporated one month after its fiscal year had ended.Although the inventory count was not observed by Ray,the auditors were able to obtain sufficient appropriate audit evidence by applying alternative auditing procedures.Rays audit report will probably contain:

A) A standard unmodified opinion.
B) An unmodified opinion and an emphasis-of-matter paragraph.
C) Either a qualified opinion or a disclaimer of opinion.
D) An "except for" qualification.