Restrictions Imposed by an Entity Prohibited the Observation of Physical

question 52

Multiple Choice

Restrictions imposed by an entity prohibited the observation of physical inventories,which accounted for 35% of total assets.Alternative auditing procedures were not feasible,although the auditors were able to examine satisfactory evidence for all other items in the financial statements.The auditors would most likely express

• A)A qualified opinion on the entity's financial statements,referring to a departure from generally accepted accounting principles.
• B)A disclaimer of opinion on the entity's financial statements.
• C)An unmodified opinion on the entity's financial statements with an additional paragraph.
• D)An unmodified opinion on the entity's financial statements with a modification of the Auditor's Responsibility section.

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Definitions:

Sodium Gate

A protein channel in cell membranes that allows sodium ions to pass through, playing a key role in the generation and propagation of nerve impulses.

Ligand-Gated

Referring to ion channels that open in response to the binding of a chemical messenger (ligand), such as a neurotransmitter.

Acetylcholine

A neurotransmitter involved in many functions including muscle movement, heart rate, and the modulation of brain activity.

GABA

Gamma-Aminobutyric Acid, an inhibitory neurotransmitter in the central nervous system that plays a key role in reducing neuronal excitability throughout the nervous system.