If the Auditors Encounter a Material Scope Limitation in the Examination

question 19

Multiple Choice

If the auditors encounter a material scope limitation in the examination of an entity's financial statements,which of the following types of opinions could be issued?

• A) Adverse opinion or disclaimer of opinion.
• B) Adverse opinion or qualified opinion.
• C) Unqualified opinion with explanatory language or qualified opinion.
• D) Disclaimer of opinion or qualified opinion.

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Definitions:

Amino Group

A weakly basic functional group; abbreviated —NH2.

Anaerobic Conditions

Environments that lack oxygen, allowing for the survival and growth of organisms that can function without oxygen.

Pyruvate

A key intermediate in several metabolic pathways throughout the cell, crucial in the process of energy production.

Acetaldehyde

A colorless, volatile compound with a pungent smell, used in the manufacture of acetic acid, perfumes, and flavors, and as a solvent.