When an Auditor Expresses an Adverse Opinion, the Opinion Paragraph

question 18

Multiple Choice

When an auditor expresses an adverse opinion, the opinion paragraph should include

• A) The principal effects of the departure from generally accepted accounting principles.
• B) A direct reference to a separate paragraph disclosing the basis for the opinion.
• C) The substantive reasons for the financial statements being misleading.
• D) A description of the uncertainty or scope limitation that prevents an unqualified opinion.