Comparative Financial Statements Include the Financial Statements of a Prior

question 65

Multiple Choice

Comparative financial statements include the financial statements of a prior period that were examined by a predecessor auditor whose report is not presented.If the predecessor auditor's report was qualified,the successor auditor must

• A) obtain written approval from the predecessor auditor to include the prior year's financial statements.
• B) issue a standard comparative audit report indicating the division of responsibility.
• C) express an opinion on the current year statements alone and make no reference to the prior year statements.
• D) disclose the reasons for any qualification in the predecessor auditor's opinion.