Which of the following case, an audit opinion with unqualified Report with Modified Wording will be issued? 1) Auditor doubt about the going concern assumption is valid 2) Auditor think the financial statements are materially misstated 3) Lack of consistent application of GAAP 4) The auditor is unable to obtain sufficient appropriate evidence a. 1 and 3 b. 3 and 4 c. 2 and 4 d. 1 and 2
Which of the following case, an audit opinion with unqualified Report with Modified Wording will be issued? 1) Auditor doubt about the going concern assumption is valid 2) Auditor think the financial statements are materially misstated 3) Lack of consistent application of GAAP 4) The auditor is unable to obtain sufficient appropriate evidence a. 1 and 3 b. 3 and 4 c. 2 and 4 d. 1 and 2
Chapter1: Financial Statements And Business Decisions
Section: Chapter Questions
Problem 1Q
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47-Which of the following case, an audit opinion with unqualified Report with Modified Wording will be issued?
1) Auditor doubt about the going concern assumption is valid
2) Auditor think the financial statements are materially misstated
3) Lack of consistent application of GAAP
4) The auditor is unable to obtain sufficient appropriate evidence
a.
1 and 3
b.
3 and 4
c.
2 and 4
d.
1 and 2
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