At the end of her audit of Moderna Inc., Daisy concludes that there are material misstatements affecting many accounts, with the result that the

financial statements as a whole are misleading. The company's management refuses to adjust the financial statements, however.

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Required:

a. List the four forms of modified audit opinions set out in the Canadian Auditing Standards (CAS).

b. Explain which form of audit opinion would be appropriate in the situation.