If the Financial Statements Cannot Be Relied Upon Because They

question 60

Multiple Choice

If the financial statements cannot be relied upon because they contain one or more material departures from GAAP,the auditor will issue the following type of audit opinion:

• A)Qualified opinion.
• B)Disclaimer.
• C)Adverse opinion.
• D)Unqualified opinion.

---

Definitions:

Structural Functionalism

An outlook from sociology that sees society as an intricate system where its components collaborate to foster unity and maintain equilibrium.

Social System

An organized set of interrelated structures that establishes patterns of relationships and roles toward achieving a collective goal.

Latent Function

Unintended or unrecognized positive effects or outcomes of a social structure or institution.

Unintended Outcome

A result or effect that was not anticipated or deliberately planned.