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When Determining What Type of Report to Issue on Internal

Question 1

Multiple Choice

When determining what type of report to issue on internal control under Section 404,


A) an adverse opinion on internal control must be given if any weaknesses in a key internal control is discovered.
B) a scope limitation requires the auditor to disclaim an opinion on internal controls.
C) if the auditor gives a qualified opinion on the financial statements, they must give a qualified opinion on internal controls.
D) a scope limitation requires the auditor to express a qualified opinion or a disclaimer of opinion on internal controls.

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