41, 43, 66, 76, 78, and 90

66. In comparison to the external auditor, who is conducting the audit of the financial statements A. internal administrative control B. Cost accounting procedures C. operational auditing D. internal control 76, A CPA will issue an adverse auditor's opinion if A. the scope of the audit is limited by the client. B. the exception to the fairmess of presentation is so material that an except for opinion is not justified. C. the auditor did not perform sufficient auditing procedures to form an opinion on the financial statements taken as a whole. D. major uncertainties exist concerning the company's future. 77. An auditor would most likely disclaim an opinion because of A the client's failure to present supplementary information required by the FASB. B. inadequate disclosure of material information. C. A client-imposed scope limitation. D, the qualification of an opinion by the other auditor of a subsidiary when responsibility has been divided. 78 Under which of the following sets of circumstances should an auditor issued a qualified opinion ? A. The financial stat the effect of which is material. B. The principal auditor decides to make reference to the report of another auditor who audited a subsidiary. C. There has been a material change between periods in the method of the application of accounting principles. D. There are significant uncertainties affecting the financial statements ements contain a departure from generally accepted accounting principles 90. The fourth standard of reporting requires the auditor's report to contain either an expression of opinion regarding the financial statements taken as a whole or an assertion to the effect that an opinion cannot be expressed. The objective of the fourth standard is to prevent: A. an auditor from reporting on one basic financial statement and not the others B. restrictions on the scope of the audit, whether imposed by the client or by the inability to obtain evidence. C. misinterpretations regarding the degree of responsiblity and the auditor is assuming D. an auditor from expressing different opinions on each of the basic financial statements