In the auditor's judgement, management's use of going concerm basis of accounting is appropriate, material uncertainty has not been adequately disclosed in a note to the financial statements. What form of audtor's report should be issued? Oa Aqualified opinion on the basis of material misstatement Ob.Aqualified opinion on the basis of insufficient audit evidence Oc An unqualifed opinion with a "Material uncertainty relating to going concem section O Adverse opinion

Auditing: A Risk Based-Approach (MindTap Course List)
11th Edition
ISBN:9781337619455
Author:Karla M Johnstone, Audrey A. Gramling, Larry E. Rittenberg
Publisher:Karla M Johnstone, Audrey A. Gramling, Larry E. Rittenberg
Chapter15: Audit Reports For Financial Statement Audits
Section: Chapter Questions
Problem 12CYBK
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In the auditor's judgement, management's use of going concerm basis of accounting is appropriate, material uncertainty has not been adequately disclosed in a note to the financial statements. What form of audtor's report should be issued?

Oa Aqualified opinion on the basis of material misstatement

Ob.Aqualified opinion on the basis of insufficient audit evidence

Oc An unqualifed opinion with a "Material uncertainty relating to going concem section O Adverse opinion

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