If an Auditor Is Not Able to Gather Enough Evidence

question 129

Multiple Choice

If an auditor is not able to gather enough evidence to form an opinion on financial statements, the auditor issues a(n) ________.

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

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Definitions:

Short-Term Goals

The specific plans of action for the things you would like to accomplish right now or in the immediate future.

Long-Term Goals

Those things you decide to work for after developing a life plan for the future.

Taking Responsibility

The act of acknowledging and accepting the choices you have made, the actions you have taken, and the results they have led to.

Setting Priorities

Deciding ahead of time which tasks are the most, and least, important.