When the Auditor Is Unable to Determine the Amounts Associated

question 33

Multiple Choice

When the auditor is unable to determine the amounts associated with noncompliance with a law by client personnel due to a scope limitation,the auditor should issue a(an) :

• A)Standard unmodified opinion.
• B)Disclaimer of opinion.
• C)Adverse opinion.
• D)Unmodified opinion with a separate emphasis-of-matter paragraph.

---

Definitions:

Easy Money Policy

A monetary policy that increases the money supply and lowers interest rates, aimed at stimulating economic growth.

Dollar

A unit of currency used in the United States and some other countries, symbolized by "$".

American Net Exports

The value of exports from the United States minus the value of its imports, expressing the country's trade balance with rest of the world.

Federal Reserve

The central banking system of the United States, responsible for implementing monetary policy, supervising banks, and ensuring financial stability.