Under Which of the Following Set of Circumstances Might an Auditor

question 38

Multiple Choice

Under which of the following set of circumstances might an auditor disclaim an opinion?

• A) There are significant uncertainties affecting the financial report.
• B) There has been a material change between periods in the method of the application of accounting principles
• C) The principal auditor decides to make reference to the report of another auditor who disclaimed an opinion on
• The audit of a subsidiary. The subsidiary contributed six per cent of operating revenue and profit but very little
• In other aspects.
• D) The financial report contains a departure from generally accepted accounting principles, the effect of which is material.