Multiple Choice
If the auditors encounter a significant scope limitation in evaluating a public company's internal control over financial reporting,which of the following types of opinions on the effectiveness of the company's internal control over financial reporting would be appropriate?
A) Unqualified opinion or adverse opinion.
B) Qualified opinion or adverse opinion.
C) Unqualified opinion or disclaimer of opinion.
D) Disclaimer of opinion.
Correct Answer:

Verified
Correct Answer:
Verified
Q21: Which of the following would most likely
Q86: A control activity is an action taken
Q87: _ in internal control are matters that
Q88: The primary purpose for obtaining an understanding
Q89: An action taken to prevent,detect,and correct errors
Q91: To test the operating effectiveness of a
Q92: The ultimate purpose of assessing control risk
Q93: The concept of _ recognizes that the
Q94: Auditors obtain an understanding of the internal
Q95: The most efficient means of gathering evidence