Multiple Choice
Which of the following is an instance where the auditor would add a paragraph in a report expressing an unqualified opinion?
A) There is serious doubt that the client can continue as a going concern.
B) Management's disclosures are not adequate.
C) There are significant uncertainties that are not properly disclosed in the footnotes.
D) There is a material dollar misstatement in the financial statements.
Correct Answer:
Verified
Correct Answer:
Verified
Q73: An auditor is not required to inform
Q74: Uncertainties,such as doubt about the going concern
Q75: Disclaimers of opinion can only be issued
Q76: Subsequent to the date of the financial
Q77: Under international auditing standards,when the audit client
Q79: Unqualified audit reports For each of
Q80: When circumstances preclude an auditor from performing
Q81: When the auditor is unable to obtain
Q82: The decision about whether to make reference
Q83: Violations of GAAP resulting in qualified opinions