Which of the Following Is least likely to Result in an Adverse

question 62

Multiple Choice

Which of the following is least likely to result in an adverse opinion?

• A)Change in accounting principle.
• B)Limitation in the scope of the audit.
• C)Uncertainty.
• D)Related party transaction.

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Definitions:

Price Pays

The concept that the value or quality of a product or service is reflected in its price, implying that higher prices often indicate better quality.

Marketing-Oriented Strategy

A business approach that focuses on meeting the needs and wants of consumers through product development, promotion, and distribution.

Long-Term Profits

Earnings that a company expects to generate over an extended period, emphasizing sustainability and continuous growth.

Customer Intimacy Strategy

A business strategy focusing on highly personalized and specialized products or services to build close relationships with customers.