Cassidy Ltd, a Listed Company, Refuses to Separately Disclose Directors

question 10

Multiple Choice

Cassidy Ltd, a listed company, refuses to separately disclose directors' fees of $2.5 million on the basis that they believe they are quantitatively immaterial.Profit for the last year was $980 million.The auditor should issue a(n) :

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

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