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Explain about the qualified opinion or adverse opinion

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Reference no: EM131619050

Question: Auditors found that the entity has not capitalized a material amount of leases in the financial statements. When considering the materiality of this departure from GAAP, the auditors would choose between which reporting options?

a. Unmodified opinion or disclaimer of opinion.

b. Unmodified opinion or qualified opinion.

c. Unmodified opinion with an emphasis-of-matter paragraph or an adverse opinion.

d. Qualified opinion or adverse opinion.

Reference no: EM131619050

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