In Which of the Following Circumstances Is an Auditor Most

question 35

Multiple Choice

In which of the following circumstances is an auditor most likely to express an adverse opinion?

• A)The chief executive officer refuses the auditor access to minutes of board of directors' meetings.
• B)Tests of controls show that the entity's internal control system is so poor that it cannot be relied upon.
• C)The financial statements are not in accordance with the CICA Handbook regarding the capitalization of leases.
• D)Information comes to the auditor's attention that raises substantial doubt about the entity's ability to continue as a going concern.

---

Definitions:

Individualism

A social theory favoring freedom of action for individuals over collective or state control.

Podcasts

Digital audio or video files available for download or streaming, often structured as series with episodes on specific themes or subjects.

New Media

Digital forms of communication and content delivery, such as social media, websites, and streaming services, distinct from traditional media like print and broadcast.

External-Operational Communication

Refers to the exchange of information and messages between an organization and external entities for operational purposes.