The "Unmodified Report with Emphasis of Matter Paragraph" or the "Unmodified

question 16

Multiple Choice

The "unmodified report with Emphasis of Matter paragraph" or the "unmodified report with an Other Matter paragraph"

• A)arise as a result of an incomplete audit.
• B)arise when the financial statements are not quite "presented fairly."
• C)meet the criteria of a complete audit with satisfactory results but further explanation is required.
• D)meet the criteria of a complete audit but with unsatisfactory results.

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Definitions:

Production Orientation

A business strategy focusing on production efficiency and product quantity rather than customer needs or preferences.