Multiple Choice
Which of the following statements with respect to the auditor's report providing an opinion on a specific item on a financial report is correct?
A) Such a report can only be provided if the auditor is also engaged to audit the entire financial report.
B) Materiality must be related to the specified item rather than to the financial report taken as a whole.
C) The auditor who has issued an adverse opinion on the financial report taken as a whole can never express an opinion on a specified item in that financial report.
D) The attention devoted to the specific item is usually less than it would be if the financial report taken as a whole were being audited.
Correct Answer:

Verified
Correct Answer:
Verified
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