An auditor will issue an adverse opinion when
A)A severe scope limitation has been imposed by the client.
B)A violation of GAAP is sufficiently material that a qualified opinion is not justified.
C)A qualified opinion cannot be rendered because the auditor lacks independence.
D)The company's ability to continue as a going concern is subject to substantial doubt.

Question

Quizplus · Accepted Answer

An adverse opinion is issued when there is a material and pervasive violation of GAAP that affects the financial statements, making them misleading or misstated.

An Auditor Will Issue an Adverse Opinion When