Green, CPA, was engaged to audit the financial statements of Essex Corporation after its fiscal year had ended. The timing of Green's appointment as auditor and the start of field work made confirmation of accounts receivable by direct communication with the debtors impracticable. Green applied other procedures and was satisfied as to the reasonableness of the account balances. Green's auditor's report most likely contained a(n) ________.
A) qualified opinion due to a departure from generally accepted auditing standards
B) unqualified opinion
C) qualified opinion due to a scope limitation
D) unqualified opinion with an explanatory paragraph
B) unqualified opinion
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Explain the many different global information issues an organization might encounter as it conducts business abroad.
What will be an ideal response?
Thermography requires the use of infrared rays
Indicate whether the statement is true or false.
On January 1, 2017, Partridge Advertising Company issued $50,000 of six-year, 3% bonds when the market interest rate was 4%
The bonds were issued for $47,356. Partridge uses the effective-interest method of amortization for bond discount. Semiannual interest payments are made on June 30 and December 31 of each year. Prepare the amortization table for the first four interest payments. (Round your answers to the nearest dollar number.) Date Cash Paid Interest Expense Discount Amortized Carrying Amount 1/1/17 6/30/17 12/31/17 6/30/18 12/31/18 What will be an ideal response
______ is/are provided to help implement an entrepreneur’s research and development.
a. Startup loans b. Seed-stage financing c. Startup financing d. Early-stage financing