Multiple Choice
Maggie Oh performed an audit of a client that had undergone flooding to its operations in St-Jean Sur Richelieu. The client was insured and was able to keep operating. However,
There was material damage to the client's warehouse and Maggie felt it would be appropriate
To inform the users of the financial statements of this fact in the audit report. This form of audit
Report is called
A) an adverse opinion.
B) unmodified opinion - emphasis of matter.
C) modified opinion.
D) disclaimer of opinion.
Correct Answer:

Verified
Correct Answer:
Verified
Q13: A compliance audit involves gathering evidence to
Q16: A reasonable level of assurance is the
Q26: A negative expression of opinion is only
Q35: The expectation gap is caused by unrealistic
Q56: Larry Dibitonto is a partner in his
Q57: How is the expectation gap caused and
Q58: According to the agency theory, demand for
Q59: The expectation gap is caused by<br>A) realistic
Q63: Professional scepticism does not involve<br>A) the professional
Q64: Agency theory can be described as the