If the audit team identifies one or more significant deficiencies in an issuers internal control over financial reporting and the scope of the engagement is not restricted, the auditors report would:

Multiple Choice

• Express a qualified opinion on internal control over financial reporting, without reference to the significant deficiency.

• Express an unqualified opinion on internal control over financial reporting, with a separate section of the report identifying the significant deficiency.

• Express an unqualified opinion on internal control over financial reporting without reference to the significant deficiency.

• Express a qualified opinion on internal control over financial reporting, with a separate section of the report identifying the significant deficiency.