In Which One of the Following Instances Would an Auditor

question 95

Multiple Choice

In which one of the following instances would an auditor not issue a disclaimer of opinion?

• A) The auditors are not invited to the periodic inventory at year end.
• B) There are significant misstatements in the financial statements.
• C) There is a significant limitation on the scope of the engagement.
• D) There is insufficient evidence for the auditor to form an opinion on the fairness of the financial statements.

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Definitions:

Psychological Payoff

is the benefit or reward that an individual receives from engaging in a certain behavior, even if it is maladaptive.

Interpersonal

Relating to relationships or interactions between people.

Psychotherapy

A professional practice involving therapeutic conversations and interventions designed to improve an individual's mental health or to address psychiatric disorders.

Depression

A common and serious mood disorder characterized by persistent feelings of sadness, hopelessness, and a lack of interest or pleasure in activities.