Several types of opinions are described in a. through i. below. For each opinion, select the appropriate description of that opinion from the list numbered 1 through 9 below that corresponds with the type of opinion.
Types of Opinion
a. Unqualified opinion with an explanatory paragraph for change in consistency
b. Disclaimer of opinion due to scope limitation
c. Qualified opinion due to inadequate disclosure; report includes a going concern explanatory paragraph
d. Shared report with other auditors
e. Standard unqualified ("clean") opinion
f. Qualified opinion due to a scope limitation
g. Adverse opinion for departure from accounting standards
h. Disclaimer of opinion due to lack of independence
i. Unqualified opinion with an explanatory paragraph for a change in consistency and an explanatory paragraph for an emphasis of a matter
Description of Opinions (each item in list can be used only once)
1. One paragraph report containing the words "we do not express an opinion"
2. Three paragraph report with no changes in wording
3. Three paragraph report; the wording in all three paragraphs has been modified
4. Three paragraph report in which the opinion includes "we do not express an opinion"
5. Four paragraph report in which the explanatory fourth paragraph precedes the opinion; opinion includes "except for the effects of such adjustments, if any, as might have been determined had we been able to examine"
6. Four paragraph report in which the explanatory fourth paragraph precedes the opinion; opinion includes "financial statements do not present fairly"
7. Four paragraph report in which the explanatory fourth paragraph follows the opinion
8. Five paragraph report with explanatory paragraphs preceding and following the opinion
9. Five paragraph report with two explanatory paragraphs following the opinion