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: