Which of the Following Circumstances Generally Results in the Issuance

question 44

Multiple Choice

Which of the following circumstances generally results in the issuance of a report that includes an opinion that is other than unmodified?

• A) The auditor is unable to obtain sufficient appropriate audit evidence.
• B) The group auditors for the engagement are relying on the work of component auditors.
• C) The financial statements are affected by a change in accounting principle due to a new FASB pronouncement.
• D) The auditors have decided to emphasize the fact that the company has engaged in material amounts of related party transactions.

---

Definitions:

Strict Confidence

Ensuring that sensitive information is kept secret and only shared with authorized individuals or parties.

Assessment Interview

A structured conversation used to gather information from individuals to understand their needs, skills, and abilities.

Implementation Phase

The stage in a project or plan where strategies and actions are executed to achieve the intended goals.

Nursing Process

A systematic approach to nursing care that includes assessment, diagnosis, planning, implementation, and evaluation to meet patient needs.