Which of the Following Is Incorrect Concerning Scope Limitations

question 144

Multiple Choice

Which of the following is incorrect concerning scope limitations?

• A) If client imposed, the auditor should be concerned about the client trying to prevent discovery of a material misstatement.
• B) An unqualified opinion can result if auditors can perform alternative procedures and are satisfied that the information is fairly stated.
• C) The most common circumstance-imposed scope restriction is due to the client changing their auditors.
• D) The most common circumstance-imposed scope limitation is when the auditor is appointed after the balance sheet date.

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Definitions:

Honeywell

A multinational conglomerate company that produces a variety of commercial and consumer products, engineering services, and aerospace systems.

Managing

The process of planning, organizing, leading, and controlling resources to achieve organizational goals effectively and efficiently.

Managerial Functions

Tasks performed by managers, which typically include planning, organizing, leading, and controlling.

Decision Making

The process of making choices by identifying a decision, gathering information, and assessing alternative resolutions.