When the auditor issues a qualified opinion due to a material misstatement,the auditor should state in the opinion paragraph,that
A) in the auditor's opinion,because of the significance of the matter described in the basis for qualified opinion paragraph,the financial statements are not presented fairly in accordance with the applicable reporting framework
B) because of the significance of the matter described in the basis for qualified opinion paragraph,the auditor has not been able to obtain sufficient appropriate evidence to provide a basis for an audit opinion,and accordingly,the auditor does not express an opinion on the financial statements
C) except for the effects of the matter described in the basis for modification paragraph,the financial statements are presented fairly,in all material respects,in accordance with the applicable reporting framework
D) the financial statements are presented fairly,in all material respects,in accordance with the applicable reporting framework
Correct Answer:
Verified
Q32: The auditor issues an adverse opinion when
A)the
Q33: Circumstances where an "other matter" paragraph may
Q34: Circumstances where an "other matter" paragraph may
Q35: Circumstances where an "emphasis of a matter"
Q36: Circumstances where an "other matter" paragraph may
Q38: Circumstances where an "emphasis of a matter"
Q39: Modifying the audit report is necessary when
Q40: Circumstances where an "emphasis of a matter"
Q41: The auditor is required to communicate certain
Q42: When the auditor issues an adverse opinion,the
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