Which of the Following Situations Would Not Result in Auditors

question 47

Multiple Choice

Which of the following situations would not result in auditors adding an additional paragraph to their report without modifying the introductory,scope,or opinion paragraphs of that report?

• A)Reference to a change in the method of accounting mandated by the issuance of a new accounting standard.
• B)Reference to a going-concern uncertainty facing the entity.
• C)Reference to a departure from GAAP that is material,but not pervasive,to the financial statements.
• D)Reference to an acquisition made by the entity during the most recent fiscal year.

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Definitions:

Less Costly

Referring to an option or solution that is cheaper or requires less financial expenditure compared to others.

Charged Criminally

The formal accusation made against an individual by a governmental authority asserting that the individual has committed a crime.

Jury Trial

A legal proceeding where a jury made up of citizens determines the outcome of a case.

Double Jeopardy

The legal principle that prohibits an individual from being tried twice for the same crime in the same jurisdiction.