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3- For each of the following situations, indicate what type of audit report is most appropriate: a. The auditor lacks independence in fact, but not
3- For each of the following situations, indicate what type of audit report is most appropriate: a. The auditor lacks independence in fact, but not necessarily in appearance. b. There is a scope limitation and it is material but the overall financial statements are still presented fairly. c. The uncorrected misstatements are immaterial. d. There is a departure from GAAP and it is pervasively material.
( Accounting Auditing)
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