Types of Audit Opinions What are the five basic types of financial statement audit reports?
Audit reports can be:
1 . Standard unqualified report
2 . Unqualified report with an explanatory paragraph
3 . Qualified report
4 . Adverse report
5 . Disclaimer of opinion report
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An instance document:
a. is an XBRL document that contains all information, at a given point in time, including tags, about the occurrence of an item b. is a feature of a relational database c. is used to comply with SOX Section 409 regarding rapid disclosure of material changes d. summarizes instances of GAAP and IFRS reporting differences
A general warranty deed contains the greatest number of warranties and provides the highest level of protection to a grantee
Indicate whether the statement is true or false
Answer the following statement(s) true (T) or false (F)
1. Paralegals are entitled, as a general rule, to learn of client information as part of assisting with the representation because paralegals are authorized members of the legal team. 2. Jurisdictions that have adopted the Model Code’s confidentiality rule apply a more liberal allowance for disclosures made to prevent client criminal conduct. 3. If a legal assistant, instead of a lawyer, is accused of wrongdoing with respect to the representation of the client, the supervising lawyer may not disclose client confidences in order to defend against the allegations. 4. Because lawyers in private practice are not operating as charities, they are allowed to disclose client information necessary to collect their fees. 5. The ABA has taken the position that because of the nonprivate nature of emails and fax messages, lawyers should not use those methods of communication.
A large chi-squared test statistic in a test of a contingency table means you conclude:
a. The two nominal variables are dependent. b. The two nominal variables are equal. c. The two nominal variables have the same proportions listed in H0. d. None of these choices.