Which of the Following Is Correct Regarding Supplementary Information

question 127

Multiple Choice

Which of the following is correct regarding supplementary information?

• A) The auditor must express an opinion on the supplementary information.
• B) When reporting on supplementary information, the auditor uses a different materiality threshold from that used in forming an opinion on the basic financial statements.
• C) If the auditor's report on the audited financial statements contains an adverse opinion, the auditor can still issue an unqualified opinion on the supplementary information.
• D) The auditor can issue a separate report on the supplementary information; it does not need to be part of the report on the financial statements.