If Financial Statements Contain a Material but Non-Pervasive Departure from Generally

question 70

Multiple Choice

If financial statements contain a material but non-pervasive departure from generally accepted accounting principles,the auditors should render a(n)

• A)Qualified opinion with reference to departure.
• B)Adverse opinion with scope limitation reference.
• C)Adverse opinion with reference to departure.
• D)Disclaimer of opinion.

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Definitions:

Exact Copy

A duplicate that is completely identical to the original in every aspect, without any variation.

Contents and Formatting

Refers to both the textual information and the way it is presented or structured in a document.

Sum Button Menu

A feature in spreadsheet software that provides quick access to functions for summing up values in selected cells.

Insert Options Button

A feature in many software applications that provides quick access to various insertion commands, such as adding tables, images, or symbols.