An independent auditor has concluded that substantial doubt remains about a nonpublic client's ability to continue as a going concern, but the client's financial statements have properly disclosed all of its solvency problems. The auditor would probably issue a(an):
A. "Except for" qualified opinion.
B. Standard unmodified opinion.
C. Unmodified opinion with an appropriate emphasis-of-matter paragraph.
D. Adverse opinion.
Answer: C
You might also like to view...
In which step of the selling process are salespeople most likely to take advantage of multimedia technologies to support their verbal message?
A) prospect B) preapproach C) follow-up D) qualify E) sales presentation
A manager who asks for a report on the best phone system for an office may request a justification report to support the recommended decision
Indicate whether the statement is true or false
A defendant set off fireworks at a fully-licensed Fourth of July show. The result of the activity caused harm to the plaintiff. In order for the plaintiff to win a case of negligence, he or she need only prove that it was foreseeable that the defendant's conduct might cause harm
Indicate whether the statement is true or false
In many states it is illegal to lend money to help someone gamble.
a. true b. false