ACC 403 help A Guide to career/Snaptutorial ACC 403 help A Guide to career/Snaptutorial | Page 40
1. A misstatement in the financial statements can be considered
material if knowledge of the misstatement will affect a decision of:
2. As a result of management's refusal to permit the auditor to
physically examine inventory, the auditor must depart from the
unqualified audit report because:
3. A CPA may wish to emphasize specific matters regarding the
financial statements even though an unqualified opinion will be
issued. Normally, such explanatory information is:
4. The standard unqualified audit report for a non-public entity
must:
5. An adverse opinion is issued when the auditor believes:
6. The standard unqualified audit report:
7. 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:
8. The auditor's responsibility section of the standard unqualified
audit report states that the audit is designed to: