Multiple Choice
An auditor would issue an adverse opinion if:
A) the audit was begun by other independent auditors who withdrew from the engagement.
B) a qualified opinion cannot be given because the auditor lacks independence.
C) a restriction on the scope of the audit was significant.
D) the statements taken as a whole do not fairly present the financial condition and results of operations of the company.
Correct Answer:

Verified
Correct Answer:
Verified
Q43: An auditor concludes that there is substantial
Q44: An auditor must disclaim an opinion when
Q45: If the auditor believes that there is
Q46: When the auditor is unable to determine
Q47: A CPA who is not independent and
Q49: The choice of which audit report to
Q50: When the entity fails to include information
Q51: In connection with the examination of the
Q52: Which of the following parties is responsible
Q53: A going concern issue requires an explanatory