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Green, CPA, was engaged to audit the financial statements of Essex Corporation after its fiscal year had ended. The timing of Green's appointment as auditor
Green, CPA, was engaged to audit the financial statements of Essex Corporation after its fiscal year had ended. The timing of Green's appointment as auditor and the start of field work made confirmation of accounts receivable by direct communication with the debtors impracticable. Green applied other procedures and was satisfied as to the reasonableness of the account balances. Green's auditor's report most likely contained an
Multiple Choice
unqualified opinion with standard wording
unqualified opinion with an explanatory paragraph
qualified opinion due to a scope limitation
qualified opinion due to a departure from generally accepted auditing standards
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