[14]. An auditor concludes prior to the release date of the report that a material inconsistency exists in the other information in an annual report to shareholders. The report contains audited financial statements. If the auditor concludes that the financial statements do not require revision, but management refuses to revise or eliminate the material inconsistency, the auditor may

1. Revise the auditor's report to include a separate other-matter paragraph describing the material inconsistency.
2. Express a qualified opinion after discussing the matter with the client's directors.
3. Consider the matter closed because the other information is not in the audited statements.
4. Disclaim an opinion on the financial statements after explaining the material inconsistency in a separate other-matter paragraph.

[15]. If management declines to present required supplementary information, the auditor should express a(n)

1. Adverse opinion.
2. Qualified opinion with an additional paragraph.
3. Unmodified opinion without an additional paragraph.
4. Unmodified opinion with an other-matter paragraph. [16].The client's financial reporting includes supplementary financial information outside the basic financial statements but required by the Financial Accounting Standards Board (FASB). Which of the following statements is correct regarding the auditor's responsibility for this supplementary financial information?

1. The auditor should perform limited procedures.
2. The auditor should apply tests of details of transactions.
3. The auditor is not required to report omissions.
4. The auditor should read the supplementary financial information.