If an Auditor Wishes to Draw Attention to Important Information

question 86

Multiple Choice

If an auditor wishes to draw attention to important information that is already presented or disclosed in the financial statements, the auditor would include a _______.

• A)qualified opinion
• B)disclaimer of opinion
• C)emphasis-of-matter paragraph
• D)scope limitation paragraph

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Definitions:

Tension

A state of mental or emotional strain, often resulting from challenging or demanding situations.

Personal Economics

The study of how individuals manage their resources, including money, time, and skills, to meet personal and family needs and goals.

Non-Work Factors

Elements not related to one's job or professional responsibilities, such as personal issues or external activities, that can influence one's performance and well-being.

Stress

A physical, mental, or emotional factor that causes bodily or mental tension, potentially resulting from adverse or demanding circumstances.