In Which One of the Following Cases Would an Auditor

question 33

Multiple Choice

In which one of the following cases would an auditor issue a qualified opinion?

• A)There is a highly material,and very pervasive departure from SFAS No.141 and No.142.
• B)There is a change in accounting principles promulgated by the FASB.
• C)There is an immaterial dollar misstatement on the financial statements.
• D)There is a material departure from GAAP that is centered around two accounts.

---

Definitions:

Distinctiveness

Refers to how much an object or person stands out as compared to others in the same category or environment.

Consistency

The quality of achieving a level of performance which does not vary greatly in quality over time.

Frequency

In general terms, the rate at which something occurs over a particular period of time or in a given sample.

Actor-observer Bias

A cognitive bias that affects the way we attribute causes to our own behaviors versus those of others, often attributing our own actions to situational factors while attributing others' actions to their personality or character.