An auditor determines that a companys fi nancial statements are prepared in accordance with applicable accounting standards

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An auditor determines that a company’s fi nancial statements are prepared in accordance with applicable accounting standards except with respect to inventory reporting. Th is exception is most likely to result in an audit opinion that is:

A. adverse.

B. qualifi ed.

C. unqualifi ed.

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International Financial Statement Analysis Workbook

ISBN: 9781119628095

4th Edition

Authors: Thomas R. Robinson, Elaine Henry, Wendy L. Pirie

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