Multiple Choice
If an auditor concludes the financial statements contain only immaterial errors, then the auditor should:
A) correct the errors.
B) have the client correct the errors.
C) issue an unqualified ("clean") opinion on the financial statements.
D) issue a qualified opinion on the financial statements.
Correct Answer:

Verified
Correct Answer:
Verified
Q19: The ICFR is important because:<br>A) it links
Q20: Which of the following assertions do NOT
Q21: Control risk is:<br>A) the risk that inventory
Q22: Audit risk involves:<br>A) only the financial statements.<br>B)
Q23: All assertions apply to every account.
Q25: The auditor assesses the internal controls of
Q26: The process of client acceptance or continuance
Q27: Evidence must be:<br>A) sufficient.<br>B) persuasive.<br>C) convincing.<br>D) Both
Q28: Generally accepted auditing standards refer to those
Q29: Which of the following assertions address account