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Which an omission in the notes to the financial statements

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Reference no: EM133011330

Problem 1: The Management's Discussion and Analysis section of the annual report can best be described as

a. frank but objective.

b. independent but precise.

c. legalistic and lengthy.

d. biased but informative.

Problem 2: An omission in the notes to the financial statements that is so serious that even a qualified opinion is not justified would result in

a. a disclaimer.

b. an unqualified opinion.

c. an adverse opinion.

d. a consistency exception.

Reference no: EM133011330

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