When an Auditor Discovers a Highly Material GAAP Violation in the Financial

question 157

True/False

When an auditor discovers a highly material GAAP violation in the financial statements and the client refuses to correct it, the auditor should issue a disclaimer of opinion.

---

Definitions:

Phosphorus Cycle

The cycle that explains how phosphorus circulates through the Earth's crust, water bodies, and ecosystems.

GIS

Geographic Information System, a framework for gathering, managing, and analyzing spatial and geographic data.

Ecologists

Scientists who study the relationships among living organisms and their interactions with their natural and built environments.