When a Misstatement in the Financial Statements Would Affect a User's

question 63

Multiple Choice

When a misstatement in the financial statements would affect a user's decision but the overall statements are still fairly stated, it would be appropriate to issue

• A) an unqualified opinion.
• B) a qualified opinion.
• C) an adverse opinion.
• D) a disclaimer of opinion.

---

Definitions:

Rough-And-Tumble Play

A form of play involving physical activities like running, chasing, and play-fighting, important for social and physical development.

Social Deprivation

A condition resulting from a lack of social contacts and relationships, which can lead to significant emotional and psychological distress.

Extreme Aloneness

A profound state of isolation or detachment from social connections, often associated with negative emotional states such as loneliness or depression.

Communication Problems

Challenges or barriers in the exchange of information between individuals, which can lead to misunderstandings and conflicts.