ACC 403 help A Guide to career/Snaptutorial ACC 403 help A Guide to career/Snaptutorial | Page 106

1. If the phrase "except for" is present in the opinion paragraph of the audit report, the auditor has issued a(n): 2. The term "explanatory paragraph" was replaced in the AICPA auditing standards with: 3. The first step to be followed when deciding the appropriate audit report in a given set of circumstances is to: 4. After the auditor determines whether any conditions exist which require a departure from a standard unqualified report, the next step in the decision process for audit reports is to: 5. The standard unqualified audit report: 6. Items that materially affect the comparability of financial statements generally require disclosure in the footnotes. If the client refuses to properly disclose the item, the auditor will most likely issue: 7. An audit of historical financial statements most commonly includes the: