When financial statements are affected by a material departure from generally accepted accounting principles, the auditors should:     Withdraw from the engagement.     Issue an unmodified opinion with a basis for modification paragraph.     Issue an "except for" qualification or a disclaimer of opinion.     Issue an "except for" qualification or an adverse opinion.

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 22MCQ
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When financial statements are affected by a material departure from generally accepted accounting principles, the auditors should:
   
Withdraw from the engagement.
   
Issue an unmodified opinion with a basis for modification paragraph.
   
Issue an "except for" qualification or a disclaimer of opinion.
   
Issue an "except for" qualification or an adverse opinion.
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