Auditors Most Likely Would Issue a Disclaimer of Opinion on the Entity's

question 96

Multiple Choice

Auditors most likely would issue a disclaimer of opinion on the entity's financial statements because of

• A)inadequate disclosure of material information.
• B)the omission of the Statement of Cash Flows.
• C)a material departure from generally accepted accounting principles.
• D)management's refusal to furnish written representations.

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Definitions:

Beneficial

Producing good effects or advantageous outcomes; helpful or favorable.

Neutral

In genetics, refers to mutations that have no beneficial or harmful effect on the organism; in physics, relates to particles or objects without net charge.

Theodosius Dobzhansky

A prominent geneticist and evolutionary biologist, known for his work in population genetics and evolution.

Phylogenetics

Investigating the lineage and interrelations among various organisms or entities through evolutionary history.