A Solicitor Limits a Response Concerning a Litigation Claim Because

question 48

Multiple Choice

A solicitor limits a response concerning a litigation claim because the solicitor is unable to determine the likelihood of a favourable outcome.Which type of opinion should the auditor express if the litigation is adequately disclosed and the range of potential loss is material in relation to the client's financial report considered as a whole?

• A)Qualified.
• B)Unmodified with an Other Matter paragraph.
• C)Unmodified with an Emphasis of Matter paragraph.
• D)Unmodified.

---

Definitions:

Volume Decreases

The reduction in the amount of space that a substance or object occupies.

Temperature

A measure of the thermal energy of an environment or substance, often measured in degrees Celsius, Fahrenheit, or Kelvin.

Gas Laws

Fundamental laws that describe the behavior of gases, including Boyle’s, Charles's, and Avogadro's laws, relating volume, pressure, temperature, and the amount of gas.

Temperature

A physical quantity that expresses hot and cold, measured on a quantitative scale, it reflects the average kinetic energy of particles in matter.