If the Auditor Is Unable to Determine the Effect of a Subsequent

question 85

True/False

If the auditor is unable to determine the effect of a subsequent event on the effectiveness of internal control at year-end, the auditor must give an adverse opinion on internal control over financial reporting.

---

Definitions:

Workgroup

A group of individuals working together on a common task or project, often with shared computing resources.

Collaboration

The act of working with someone to produce or create something, often seen in business, research, and development environments where teamwork is essential for innovation.

Asynchronous

Referring to processes that do not occur at the same time or are not coordinated in time, allowing interactions or communications to occur without the need for simultaneous participation.

Synchronous

Occurring at the same time or operating in unison; often used in reference to processes that happen simultaneously.