In which of the following circumstances would a qualified opinion be appropriate?
A. The principal auditors decide to withdraw from the engagement due to distrust of management
B. The statements are not in conformity with generally accepted accounting principles regarding stock options plans and these misstatements have pervasive effect on the financial statements
C. The auditor has been unable to obtain sufficient competent evidential matter
D. The statements are not in conformity with generally accepted accounting principles regarding stock options plans and these misstatements do not have pervasive effect on the financial statements
Answer: D
You might also like to view...
The research design section of a report gives the background to the problem, highlights discussions with the decision makers and industry experts, discusses the secondary data analysis, the qualitative research that was conducted, and the factors
that were considered. Indicate whether the statement is true or false
Which of the following is NOT recommended within the final sentence of a bad-news message?
a. Tactful restatement of the refusal b. Sales promotional material c. Some future aspect of the business relationship d. An expression of willingness to assist in some other way
Forrest has a contract with Denzel to construct a new condominium complex. The contract provides that Forrest must furnish a certificate of occupancy and conformity with the local fire code before Denzel has an obligation to pay. The furnishing of the certificate is an implied in fact condition subsequent to the construction of the building
Indicate whether the statement is true or false
The relationship between employee and job tables is __________
Fill in the blanks with correct word