S1: When the auditor expresses a qualified or adverse opinion, communicating other key audit matters is relevant to enhancing intended users' understanding of the audit S2: When an auditor is not independent, a disclaimer must be issued stating the reason for the lack of independence S3: Scope limitations result in either a qualified opinion or adverse opinion. a. All statements are true b. All statements are false c. S1 and S2 are true d. S2 and S3 are true
S1: When the auditor expresses a qualified or adverse opinion, communicating other key audit matters is relevant to enhancing intended users' understanding of the audit S2: When an auditor is not independent, a disclaimer must be issued stating the reason for the lack of independence S3: Scope limitations result in either a qualified opinion or adverse opinion. a. All statements are true b. All statements are false c. S1 and S2 are true d. S2 and S3 are true
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 14CYBK
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S1: When the auditor expresses a qualified or adverse opinion, communicating other key audit matters is relevant to enhancing intended users' understanding of the audit S2: When an auditor is not independent, a disclaimer must be issued stating the reason for the lack of independence S3: Scope limitations result in either a qualified opinion or adverse opinion.
a. All statements are true
b. All statements are false
c. S1 and S2 are true
d. S2 and S3 are true
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