Loose-leaf For Auditing & Assurance Services: A Systematic Approach
Loose-leaf For Auditing & Assurance Services: A Systematic Approach
11th Edition
ISBN: 9781260687637
Author: William F Messier Jr, Steven M Glover Associate Professor, Douglas F Prawitt Associate Professor
Publisher: McGraw-Hill Education
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Chapter 20, Problem 20.14MCQ
To determine

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If an auditor gives an unqualified opinion on the financial statement which is materially misstated and client suffer loss due to the negligence by taking loan for operations. Then auditor can defend himself by clarifying that the auditor performs audit procedures as per applicable standards.  

To choose: The correct statement auditor has to perform his audit of financial statements

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