Indicate what type of audit report is most appropriate

Reference no: EM133655057

Question

For each of the following situations, indicate what type of audit report is most appropriate. Assume all of your audit clients are registered with the SEC (they are "public" companies). Adverse opinion Qualified Opinion Disclaimer of opinion Unqualified opinion Unqualified opinion with explantory language Match each of the options above to the items below. There is a material scope limitation but the overall financial statements are presented fairly. No answer The audit firm finds no material misstatements and shares responsibility for the audit opinion with another audit firm. No answer Each misstatement not corrected by the client is deemed immaterial and the aggregate total of uncorrected misstatements in the financial misstatements is immaterial. No answer There is a departure from GAAP and it is pervasively material. No answer The audit firm lacks independence.

Reference no: EM133655057

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