For each of the following brief scenarios, assume that you are reporting on a clients financial statements. Select the type(s) of opinion (per below) possible for the scenario. In addition:

• Unless stated otherwise, assume the matter involved is material. If the problem doesnt tell you whether a misstatement pervasively misstates the financial statements or doesnt list a characteristic that indicates pervasiveness, two reports may be possible (i.e., replies 6 to 9).
• Do not read more into the circumstances than what is presented.
• Do not consider an auditor discretionary circumstance for modification of the audit report unless the situation explicitly suggests that the auditor wishes to emphasize a particular matter.

For each of the following brief scenarios, assume that you are reporting on a client's financial statements. Select the type(s) of opi; (per below) possible for the scenario. In addition: - Unless stated otherwise, assume the matter involved is material. If the problem doesn't tell you whether a misstatement pervas misstates the financial statements or doesn't list a characteristic that indicates pervasiveness, two reports may be possible (i.e.. replies 6 to 9). - Do not read more into the circumstances than what is presented. - Do not consider an auditor discretionary circumstance for modification of the audit report unless the situation explicitly suggest that the auditor wishes to emphasize a particular matter. * Note that this simulation has more parts than one would expect in a particular CPA exam simulation. We present it to provide