Smiley,a CPA,was Performing the Audit at a Client When He

question 21

Multiple Choice

Smiley,a CPA,was performing the audit at a client when he noticed that the client did not properly account for certain miscellaneous revenues.These revenues were a small portion of overall revenues,but were nonetheless material to the overall financial statements.What type of opinion should Smiley render on the financial statements?

• A) unqualified opinion
• B) qualified opinion
• C) adverse opinion
• D) disclaimer of opinion

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Definitions:

Transcription

First stage of gene expression; process whereby a DNA strand serves as a template for the formation of mRNA.

RNAi

Short for RNA interference, a biological process in which RNA molecules inhibit gene expression, typically by causing the destruction of specific mRNA molecules.

Specific Alleles

Specific alleles refer to particular variants of a gene that can exist at a given locus on a chromosome, contributing to the diversity of traits within a population.

Genetic Disorders

Diseases or conditions caused by abnormalities in an individual's DNA, which can be inherited or result from mutations.