Which of the Following Statements with Respect to the Auditor's

question 44

Multiple Choice

Which of the following statements with respect to the auditor's report providing an opinion on a specific item on a financial report is correct?

• A)Such a report can only be provided if the auditor is also engaged to audit the entire financial report.
• B)Materiality must be related to the specified item rather than to the financial report taken as a whole.
• C)The auditor who has issued an adverse opinion on the financial report taken as a whole can never express an opinion on a specified item in that financial report.
• D)The attention devoted to the specific item is usually less than it would be if the financial report taken as a whole were being audited.

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