Which of the Following Situations Would Require Auditors to Add

question 161

Multiple Choice

Which of the following situations would require auditors to add an explanatory paragraph to their report on comparative financial statements?

• A)An unqualified opinion is issued in the current year while a qualified opinion was issued in prior years.
• B)A qualified opinion is issued in the current year because of a scope limitation; because this limitation was not encountered in prior years, the opinion issued in those years was unqualified.
• C)The updated opinion issued on prior years' financial statements differs from the opinion originally issued on those financial statements.
• D)The auditors' unqualified opinion issued on prior years' financial statements is still considered to be appropriate.

Understand the difference between discharge and dismissal in organizational contexts.

Recognize the legitimate grounds and processes for discharging or laying off employees.

Identify strategies managers might use to encourage unwanted employees to resign.

Comprehend the legality and ethics of allowing individuals to resign instead of being discharged.

---

Definitions:

Developing Countries

Nations with a lower level of industrialization, lower living standards, and lower Human Development Index (HDI) compared to developed countries.

OPEC

The Organization of the Petroleum Exporting Countries, an intergovernmental organization coordinating the petroleum policies of its member countries.

Global Supplies

The total availability of goods, commodities, or resources considered at a global scale, affecting markets, economies, and international trade.

Net Energy Ratio

indicates the balance between the amount of energy produced by a system and the energy required to create and maintain it.