An adverse opinion is most likely to be included in an audit report when   Multiple Choice   A public company is involved.   The financial statements depart from GAAP.   A standard unmodified opinion is necessary.   A client refuses to allow an

Auditing: A Risk Based-Approach to Conducting a Quality Audit
10th Edition
ISBN:9781305080577
Author:Karla M Johnstone, Audrey A. Gramling, Larry E. Rittenberg
Publisher:Karla M Johnstone, Audrey A. Gramling, Larry E. Rittenberg
Chapter15: Audit Reports On Financial Statements
Section: Chapter Questions
Problem 7TFQ
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An adverse opinion is most likely to be included in an audit report when

 

Multiple Choice
  •  

    A public company is involved.

  •  

    The financial statements depart from GAAP.

  •  

    A standard unmodified opinion is necessary.

  •  

    A client refuses to allow an auditor to perform a particular procedure.

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