Multiple Choice
Due to time and staff restrictions the auditor was unable to attend the inventory stocktake at a remote branch location for Outback Ltd.The inventory at this site accounted for 30 per cent of total assets.Alternative procedures were applied satisfactorily.The auditor should issue:
A) an unmodified opinion.
B) an unmodified opinion with an Emphasis of Matter.
C) a disclaimer of opinion.
D) a qualified opinion.
Correct Answer:
Verified
Correct Answer:
Verified
Q21: An auditor concludes that there is substantial
Q22: At the end of the audit the
Q23: For a Corporations Act 2001 audit, the
Q24: When a financial report is presented that
Q25: The basic elements of the auditor's standard
Q27: Which combination of the following three possibilities
Q28: For the purposes of the approved auditing
Q29: Your client has followed approved accounting standards
Q30: When restrictions are imposed by the client
Q31: When an auditor expresses an adverse opinion,