If It Is Not Possible to Obtain Sufficient Appropriate Audit

question 51

Multiple Choice

If it is not possible to obtain sufficient appropriate audit evidence, the auditor should:

• A) express an unqualified opinion.
• B) express a qualified, adverse or disclaimer of opinion.
• C) report the client to CPA Canada.
• D) express an unqualified opinion with an emphasis of matter.

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Definitions:

Wealthy Residents

Individuals or households that possess a significant amount of financial resources, often measured by high income or substantial assets.

Convenience Store

A retail outlet that sells a limited range of household goods and groceries, often open long hours for the convenience of customers.

Warehouse Club

A membership-based retail store offering a wide variety of merchandise, often in bulk, at discounted prices to its members.

Bao

A type of steamed, filled bun or bread-like item in various Chinese cuisines, as well as a name for filled dumplings in Tibetan cuisine.