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7 The auditor will issue un-qualified audit report with explanatory paragraph when: Out of question Select one: a. The auditor is not independent b. Substantial

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7 The auditor will issue un-qualified audit report with explanatory paragraph when: Out of question Select one: a. The auditor is not independent b. Substantial doubt about going concern C. The financial statements are present fairly in all material respect d. The scope of the audit has been restricted 8 Recording, classifying, and summarizing economic events in a logical manner for the purpose of providing financial information for decision making is commonly called Select one: out of a. Economics question 0 b. Accounting C. Auditing. d. Finance 9 All of the following are causes for the addition of an explanatory paragraph except for: . Out of question Select one: a. emphasis of a matter b. lack of consistent application of generally accepted accounting principles c. auditor agrees with a departure from promulgated accounting principles. d. reports involving other auditors

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