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I'm not sure if these are the correct answers. Can you please do the whole problem again? Thank you. For each of the following types
I'm not sure if these are the correct answers. Can you please do the whole problem again? Thank you.
For each of the following types of audit reports, indicate whether the opinion may be "unmodified" and whether the report typically contains an emphasis-of-matter or basis for modification paragraph. Assume in all situations that the effects are material. Unmodified? Additional Paragraph? Situation a. A change to an accounting principle that the auditor considers desirable. b. A scope limitation c. The emphasis-of-matter d. A departure from GAAP e. Reliance upon component auditors Yes No 0 No YesStep by Step Solution
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