During a review of the financial statements of a nonpublic entity, an accountant becomes aware of inadequate disclosure that is material to the financial statements. If management refuses to correct the financial statement presentations, the accountant should:
A. issue an "except for" qualified opinion.
B. issue an adverse opinion.
C. express only limited assurance on the financial statement presentations.
D. disclose this departure from generally accepted accounting principles in a separate paragraph of the report.
Answer: D
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