Multiple Choice
The financial report of Quick Buck Ltd indicates that there may be some going concern problems. However, the auditor concludes, based on mitigating factors, that the client will most likely continue as a going concern during the next year. The mitigating factors are adequately disclosed in the accounts. What type of audit opinion should the auditor express?
A) Disclaimer of opinion.
B) Unmodified opinion.
C) Qualified or adverse opinion.
D) Unmodified opinion with an Other Matter paragraph.
Correct Answer:
Verified
Correct Answer:
Verified
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