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Which basis for deciding not to issue an unqualified opinion

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Reference no: EM132788217

Problem 1: A letter of audit inquiry is:

Group of answer choices

A: a required communication between the Board of Directors and the audit firm.

B: an inquiry from the audit firm to management regarding upper management's knowledge of accounting irregularities or fraud contained in the financial statements.

C: a letter sent to the client's primary attorney regarding any claims or litigation.

D: a letter sent to all of the client's attorneys regarding any claims or litigation.

Problem 2: A basis for deciding not to issue an unqualified opinion is:

Group of answer choices

A: Inadequate evidential matter.

B: A non-pervasive departure from GAAP.

C: A pervasive departure from GAAP.

D:All of the above.

Reference no: EM132788217

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