A client is holding available-for-sale securities that have suffered a material decline in fair value. To reflect the loss at the balance sheet date, the client has debited accumulated other comprehensive income (OCI). The auditor

• A.
• Should express an adverse opinion because of the misstatement.
• B.
• Should express a qualified opinion because of the misstatement.
• C.
• May express an unmodified opinion.
• D.
• Should request that the client adjust the financial statements to account for the decline correctly.