Due to time and staff restrictions the auditor was unable to attend the inventory stocktake at a remote branch location for Outback Ltd. The inventory at this site accounted for 30% of total assets. Alternative procedures were applied
Satisfactorily. The auditor should issue:
A) an unmodified opinion.
B) an unmodified opinion with an Emphasis of Matter.
C) a disclaimer of opinion.
D) a qualified opinion.

Question

Quizplus · Accepted Answer

The auditor was able to apply alternative procedures satisfactorily, which means they obtained sufficient appropriate audit evidence. Therefore, an unmodified opinion is appropriate.

Due to Time and Staff Restrictions the Auditor Was Unable