Which of the Following Is the Most Likely Reason for an Auditor

question 13

Multiple Choice

Which of the following is the most likely reason for an auditor to issue an adverse opinion?

• A) Inability to gather any sufficient relevant information to form the basis for the opinion
• B) Misstatements that are material and pervasive
• C) Going concern issue
• D) Misstatements that are material but not pervasive

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Definitions:

Population Growth

The increase in the number of individuals in a population, often measured by the rate at which the number of individuals increases over a specific time period.

American media

The various channels of communication, such as television, radio, newspapers, and the internet, operating in the United States.

Age Stratification

The division of a society into groups based on age, often affecting individuals' roles, responsibilities, and access to resources.

Cohort's Contribution

The impact or influence of a group of people born around the same time on a particular field or study.