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3. Norden Company is being sued. It is unable to estimate at all the range of its possible loss, but knows that it could be

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3. Norden Company is being sued. It is unable to estimate at all the range of its possible loss, but knows that it could be highly material. The auditor is the CPA firm of Connor and Connors. The auditor is satisfied that it has appropriate evidence on the lawsuit and that the footnote disclosure given is appropriate. The auditor should give a. An unqualified/unmodified opinion b. A qualified opinion c. An adverse opinion d. A disclaimer

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