[24] When an auditor is retained to audit the financial statements of a nonclient company, the report is usually addressed to

1. The board of directors of the auditee.
2. The chief executive officer of the auditee.
3. The client.
4. The clients internal auditors.

[25] Dual dating an auditors report implies that

A. The auditor performed all subsequent-events procedures through the latest of the two dates. B. The auditor is assuming no responsibility for events occurring subsequent to the date of the original report.

C. The auditor is limiting his or her responsibility for events occurring subsequent to the date of the original report to the specific event referred to. D. The specific event referred to is unaudited.

[26] The client includes in the determination of net income certain material items properly classifiable as other comprehensive income (OCI). In this situation, the auditor must express a(n)

1. Unmodified opinion.
2. Qualified opinion.
3. Adverse opinion.
4. Qualified or adverse opinion.

[27] If an issuer releases financial statements that purport to present its financial position and results of operations but omits the statement of cash flows, the auditor ordinarily will express a(n)

1. Disclaimer of opinion.
2. Qualified opinion.
3. Review report.
4. Unmodified opinion with a separate emphasis-of-matter paragraph.