An auditor was unable to obtain audited financial statements or other evidence supporting an entity's investment in a large foreign subsidiary. Between which of the following reports should the auditor choose?
A) Adverse and unqualified/unmodified with an explanatory/emphasis-of-matter paragraph added.
B) Disclaimer and unqualified/unmodified with an explanatory/emphasis-of-matter paragraph added.
C) Qualified and adverse.
D) Qualified and disclaimer.

Question

Quizplus · Accepted Answer

The auditor should choose between a qualified opinion and a disclaimer of opinion when they are unable to obtain sufficient appropriate audit evidence, which constitutes a scope limitation.

An Auditor Was Unable to Obtain Audited Financial Statements or Other