A multinational corporation has changed its method of valuing inventory from FIFO to LIFO and the change has a material effect on the financial statements. The auditor does not agree with the appropriateness of the change. Identify the appropriate audit report type. *

Unqualified

Unqualified with modified wording

Unqualified with explanatory paragraph

Qualified - Scope limitation

Qualified - Departure from GAAP

Disclaimer - Scope limitation

Disclaimer - Lack of independence

Adverse