When the Entity Fails to Include Information That Is Necessary

question 50

Multiple Choice

When the entity fails to include information that is necessary for the fair presentation of financial statements in the body of the statements or in the related footnotes, it is the responsibility of the auditor to present the nature and impact of the faulty accounting or misstatement in the auditor's report and express a(n) :

• A)qualified opinion or a disclaimer of opinion.
• B)qualified opinion or an adverse opinion.
• C)adverse opinion or a disclaimer of opinion.
• D)qualified opinion or an unqualified opinion.

---

Definitions:

Text Messages

Short, electronic messages sent over a cellular network from one phone to another.

Checking Messages

The act of looking at or reviewing messages in various forms of communication, such as email or text.

Hours

A unit of time equivalent to 60 minutes, commonly used to measure the duration of events or the workday.

Reinforcement Schedule

The pattern or timing of delivery of reinforcements used in behavior modification to create or maintain a desired behavior.