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a 8. The date of the audit opinion of DU Industries, Inc. reads: March 7, 2019 except for Note D, as to which the date
a 8. The date of the audit opinion of DU Industries, Inc. reads: March 7, 2019 except for Note D, as to which the date is March 12, 2019. What is this an example of? Improper reporting. b. A GAAP violation, C. Dual dating d A contingent event. 9. Assume that a major customer of the company that you are auditing files for bankruptcy during the subsequent period because of a deteriorating financial condition. Neither you nor the client becomes aware of the event until the bankruptcy filing is reported. What type of subsequent event would this be? Type I subsequent event b Type II subsequent event Neither Type I or Type II d. Both Type I and Type II a. a 10. An emphasis of a matter may result in which of the following? A disclaimer of an audit opinion. b. A qualified audit opinion. C. An adverse opinion d. An unmodified audit opinion with an explanatory paragraph either before or after the opinion paragraph, 11. A justified departure from GAAP may result in which of the following? a A disclaimer of an audit opinion b An unqualified audit opinion with an explanatory paragraph either before or after the opinion paragraph. An adverse opinion. d. A qualified opinion c
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