Multiple Choice
Chris Yerkes, an independent auditor, was engaged to perform an audit of the financial report of Apex Ltd one month after its financial year had ended. Although the inventory count was not observed by Yerkes and accounts receivable
Were not confirmed by direct communication with debtors, Yerkes was able to gain satisfaction by applying alternative
Auditing procedures. Yerkes' auditor's report will probably contain:
A) an unmodified opinion and an Emphasis of Matter paragraph.
B) a qualified opinion.
C) an unmodified opinion.
D) either a qualified opinion or a disclaimer of opinion.
Correct Answer:

Verified
Correct Answer:
Verified
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