If the Auditor Believes That There Is a Remote Probability

question 2

Multiple Choice

If the auditor believes that there is a remote probability that resolution of an uncertainty will have a material effect on the financial statements,the auditor would issue

• A)a disclaimer of opinion.
• B)a standard unqualified opinion.
• C)an adverse opinion.
• D)an unqualified opinion with explanatory paragraphs.

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Definitions:

Forearm

The lower part of the arm extending from the elbow to the wrist.

Supination

The outward rotation of the forearm or foot that results in the palm or sole facing upwards or forwards, respectively.

Pronation

Rotation of the forearm so that the anterior surface is down (prone).

Radius

A bone in the forearm that extends from the lateral side of the elbow to the thumb side of the wrist.