Which of the Following Guidelines Should Be Followed When a Disclaimer

question 17

Multiple Choice

Which of the following guidelines should be followed when a disclaimer of opinion is issued?

• A)The report should identify the financial statements accompanying the disclaimer of opinion.
• B)The report should be addressed to the client and specific users who originally retained the auditors.
• C)If the disclaimer is due to a lack of independence,the report should indicate the specific reasons for the auditors not being independent.
• D)The report should include a reference to any auditing procedures performed prior to issuing the disclaimer.

---

Definitions:

Presidential Election

A formal process by which citizens of a country elect an individual to hold the office of the president.

Original Constitution

Refers to the initial version of the United States Constitution before any amendments were added, outlining the framework for the national government and its relationship with states and citizens.

Electoral Ballots

The paper or electronic devices used in elections for voters to select their choices among candidates and issues, playing a crucial role in the democratic process.