An Example of an Audit Failure Is When the

question 51

Multiple Choice

An example of an audit failure is when the

• A)auditor issues an erroneous audit opinion as the result of a failure to comply with the requirements of CAS.
• B)audit opinion is qualified.
• C)company files for bankruptcy less than 12 months after receiving an unqualified opinion.
• D)auditor issues an erroneous audit opinion as the result of an undiscovered fraud that took place in the period being audited.

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Definitions:

Pulmonary Trunk

A major blood vessel that carries blood from the heart to the lungs for oxygenation.

Abdominal Aorta

The portion of the aorta that passes through the abdomen, supplying blood to the abdominal organs.

External Iliac Artery

A major artery that supplies blood to the lower limbs, originating from the common iliac artery and continuing as the femoral artery.

Iliolumbar Artery

A branch of the internal iliac artery that supplies blood to the iliopsoas muscle and parts of the lumbar spine.