1.

> severe flooding meant your audit team did not attend the annual stocktake

>The inventory balance constitutes 20 per cent of total assets. Y

>you were unable to perform appropriate alternate audit procedures.

The most appropriate audit report in these circumstances would be:

a)Disclaimer;

b)Qualified;

c)Unmodified with an Emphasis of Matter paragraph;

d)Unmodified.

2.

Prior to signing the audit report, the warehouse was destroyed by a fire.

The most appropriate audit report in these circumstances would be:

a)Disclaimer;

b)Qualified;

c)Unmodified with an Emphasis of Matter paragraph;

d)Unmodified.

3.

>your firm did not attend the annual stocktake

>The inventory balance constitutes 20% of total assets.

You were unable to perform appropriate alternative audit procedures

The most appropriate audit report in these circumstances would be:

a)Disclaimer;

b)Qualified;

c)Unmodified with an Emphasis of Matter paragraph;

d)Unmodified.