Which of the Following Is the Most Likely Reason for an Auditor

question 61

Multiple Choice

Which of the following is the most likely reason for an auditor to issue a modified opinion with a qualification?

• A) Inability to gather any sufficient relevant information to form the basis for the opinion
• B) Misstatements that are material and pervasive
• C) Going concern issue
• D) Misstatements that are material but not pervasive

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Definitions:

Delay of Gratification

Delay of gratification is the ability to resist the temptation for an immediate reward and wait for a later reward.

S Data

Self-report data, information provided by an individual about themselves, often used in psychological research and assessments.

I Data

Informant data obtained from reports by others who know the person well, typically used in personality assessment to provide an external perspective on someone's behavior and traits.

B Data

Behavior-based data, observed actions or reactions of individuals in natural or controlled settings in psychological research.