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Match the type of audit report with the described situation. 1. Accounts receivable are misstated Choose A) Qualify or Disclaimer B) Qualify or Adverse C)

Match the type of audit report with the described situation.

1. Accounts receivable are misstated

Choose A) Qualify or Disclaimer B) Qualify or Adverse C) Unmodified D) Unmodified emphasis or Matter

Answer 1:

2. Auditor is not able to obtain evidence to support accounts receivable

Choose A) Qualify or Disclaimer B) Qualify or Adverse C) Unmodified D) Unmodified emphasis or Matter

Answer 2:

3. There is substantial doubt about the entities ability to continue as a going concern

Choose A) Qualify or Disclaimer B) B Qualify or Adverse C) Unmodified D) Unmodified emphasis or Matter Answer 3

4. A major subsequent event is properly disclosed

Choose E) Qualify or Disclaimer F) Qualify or Adverse G) Unmodified H) Unmodified emphasis or Matter

Answer 4

5. A major subsequent event where the conditions existed at the balance sheet date is disclosed, but no adjustment is made to the financial statements

Choose A) Qualify or Disclaimer B) B Qualify or Adverse C) Unmodified D) Unmodified emphasis or Matter

Answer 5:

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