An Auditor's Report That Refers to the Use of an Accounting

question 691

Multiple Choice

An auditor's report that refers to the use of an accounting principle at variance with generally accepted accounting principles contains the words, "In our opinion, with the foregoing Explanation, the financial statements referred to above present fairly...." This is considered an:

• A) Adverse opinion.
• B) "Except for" qualified opinion
• C) Unqualified opinion with an explanatory paragraph.
• D) Example of inappropriate reporting.

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Definitions:

Respirator

A device designed to protect the wearer from inhaling harmful dusts, fumes, vapors, or gases, or to provide breathable air in environments that are oxygen-deficient.

Brain Damage

Physical harm to the brain that can result in impaired cognitive, physical, or emotional functions, often due to injury or disease.

Cerebellum

A region of the brain that plays a significant role in motor control, coordination, precision, and timing of movements.

Clumsy

Lacking in coordination, skill, or grace in physical movement or handling things.