17. e sing the work of a specialist, an auditor may refer to and identify the specialist in the auditor's report if the result of the specialist's findings a. auditor expresses a qualified opinion as a b. auditor wishes to indicate a division of responsibility c. d. specialist is not independent of the client provides the auditor greater assurance of reliability An attorney responded to an auditor as a result of the audit client's inquiry of lawyer letter. The attorney limited his respo n the form of legal representation. Ceteris paribus, the auditor should issue 18. nse to matters that he has given substantive attention a. an unqualified opinion and add an explanatory paragraph to the audit report. b. a qualified opinion on the basis of a limitation in scope of the audit e. a disclaimer opinion on the basis of a lack of cooperation from the attorney. d. a adverse opinion and add a third paragraph to the audit report to explain the limitation After an auditor has issued an audit report, there is no obligation to perform further TOC and TOB with respect to the audited financial statements covered by the audit report. However, the auditor should take certain steps to address: (Hint: Think of SDFs) 19. a. any material factual event that has occurred after the audit report date and before the audit report issue date. b. any material factual event that has occurred after the audit report issue date, and the event relates to condition existed at the balance sheet date. c. any material factual event that has occurred after the balance sheet date and before the completion of field work date. d. any material factual event that has occurred after the audit report date, and the event relates to condition existed at the audit report date. a client's financial statement discloses a material related-party transactions that was not carried out on terms equivalent to those that would have prevailed in an arm's length transaction, the auditor would issue (Hint: material and not an arm's length transaction) 20 a. a qualified or disclaimer opinion. b. a unqualified with an additional explanatory paragraph. c. a qualified or adverse opinion. d. a disclaimer or adverse opinion