Which of the Following Scenarios Does Not Result in a Qualified

question 104

Multiple Choice

Which of the following scenarios does not result in a qualified opinion?

• A) A scope limitation prevents the auditor from completing an important audit procedure.
• B) Circumstances exist that prevent the auditor from conducting a complete audit.
• C) The auditor lacks independence with respect to the audited entity.
• D) An accounting principle at variance with GAAP is used.

---

Definitions:

UCC

Uniform Commercial Code; a comprehensive set of laws governing all commercial transactions in the United States.

Copyright

A legal right granted by the state to the creator of an original work, allowing exclusive publication, distribution, and use for a specified period.

Lessor

The party who owns a property or asset and leases it out to another party, known as the lessee, under a lease agreement.

Express Warranty

An explicit guarantee made by the seller regarding the quality, condition, or performance of a product.