Under Which of the Following Conditions Can a Disclaimer of Opinion

question 12

Multiple Choice

Under which of the following conditions can a disclaimer of opinion never be issued?

• A) The entity's going-concern problems are highly material and pervasive.
• B) The entity does not allow the auditors access to evidence about important accounts.
• C) The auditors own stock in the entity.
• D) The auditors have determined that the entity uses the NIFO (next-in, first-out) inventory costing method.

---

Definitions:

Preparing Résumé

The process of creating a document that summarizes one's work experience, education, and skills for job applications.

Prospective Employers

Organizations or individuals considering hiring someone, often evaluating candidates' qualifications and fit for a role.

Unique

Being the only one of its kind; unlike anything else, often used to describe distinctive features or qualities.

Functional Résumé

A type of résumé that focuses on skills and experiences rather than the chronological order of one's work history.