Under Which of the Following Circumstances Would a Disclaimer of Opinion

question 764

Multiple Choice

Under which of the following circumstances would a disclaimer of opinion not be appropriate?

• A) The financial statements fail to contain adequate disclosure of related party transactions.
• B) The client refuses to permit its attorney to furnish information requested in a letter of audit inquiry.
• C) The auditor is engaged after fiscal year-end and is unable to observe physical inventories or apply alternative procedures to verify their balances.
• D) The auditor is unable to determine the amounts associated with illegal acts committed by the client's management.

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Definitions:

Gender Schema Theory

A cognitive theory that posits gender as a fundamental way in which individuals organize information about themselves and the world, influencing perception, behavior, and attitudes based on societal norms.

Observational Learning Theory

Suggests that people can learn new behaviors and information by watching others, also known as social learning theory.

Gender Typing

The acquisition of a traditional gender role; encompasses the societal and psychological traits linked to one's gender.

Gender Schema Theory

A theory that explains how individuals internalize societal norms and expectations around gender, influencing perception and behavior.