Which of the Following Circumstances Requires Modification of the Accountant's

question 57

Multiple Choice

Which of the following circumstances requires modification of the accountant's report on a review of interim financial information of publicly held entity? $\begin{array}{c}&\text{Inconsistent Accounting}\\\ & \text{Principle Application}&\text{Inadequate Disclosure}\\\text { A) } & \text { Yes } & \text { Yes } \\\text { B) } & \text { Yes } & \text { No } \\\text { C) } & \text { No } & \text { Yes } \\\text { D) } & \text { No } & \text { No }\end{array}$

• A)Option A
• B)Option B
• C)Option C
• D)Option D

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Definitions:

Individual Control

The ability of a person to influence or direct their own actions, decisions, and life circumstances, often related to autonomy and self-regulation.

Substance Abuse

The continued use of a psychoactive substance even though it is causing or increasing problems in a person’s life.

Counsel

Providing advice or guidance on personal or psychological matters.

Supervisors

Individuals who oversee and direct the work of others within an organization.