Your Client Has Followed Approved Accounting Standards but a Note

question 34

Multiple Choice

Your client has followed approved accounting standards but a note to the financial report indicates that the application of certain standards results in the financial report being materially misstated.The note details the reasons for this view.You do not concur with this view.What type of opinion should you issue?

• A)An unmodified opinion with an Emphasis of Matter.
• B)A disclaimer of opinion.
• C)An unmodified opinion.
• D)A qualified opinion or adverse opinion.

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Definitions:

Proxemics

The analysis of human engagement with physical spaces and the effect that the closeness of individuals within these spaces has on their actions, communication, and societal interactions.

Space

In organizational context, it often refers to the physical area available for operations, work environment, or the conceptual strategic positioning of a company in the market.

Proxemics

The study of how humans use space in communication, including the physical distance maintained in social interactions.

Space

A continuous area or expanse that is free, available, or unoccupied, also pertaining to the physical universe beyond the earth's atmosphere.