During a review of the financial statements of a nonpublic entity, the CPA finds that the financial statements contain a material departure from generally accepted accounting principles. If management refuses to correct the financial statement presentations, the CPA should:
A. Disclose the departure in a separate paragraph of the report.
B. Issue an adverse opinion.
C. Issue a compilation report.
D. Attach a note explaining the effects of the departure.
Answer: A
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Answer the following statement true (T) or false (F)
The amendments to the U.S. Constitution protect the people from the power of state and federal governments
Indicate whether the statement is true or false
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Indicate whether this statement is true or false.