Under Which of the Following Circumstances Would a Disclaimer of Opinion

question 25

Multiple Choice

Under which of the following circumstances would a disclaimer of opinion be appropriate?

• A) The client refuses to allow the auditor to review the minutes of the board of director's meetings.
• B) The financial statements fail to contain adequate disclosure of related party transactions.
• C) The auditor is engaged during the year and is unable to observe opening physical inventories which are material.
• D) The auditor has identified illegal payments to foreign officials made by the client's management.

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Definitions:

Blood Vessels

Channels in the body that facilitate blood circulation, covering capillaries, arteries, and veins.

Nail Matrix

The part of the nail bed that produces cells responsible for nail growth, located at the nail's base under the skin.

Calcium Absorption

The process by which the body assimilates calcium from ingested food or supplements into the bloodstream, which is crucial for bone health and metabolic functions.

Elevated Lesion

A raised area on the skin's surface, which could be due to various health issues, including infections, inflammations, or tumors.