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no idea with this question Distinguish among a qualified opinion, an adverse opinion, and a disclaimer of opinion, and explain the circumstances under which each

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Distinguish among a qualified opinion, an adverse opinion, and a disclaimer of opinion, and explain the circumstances under which each is appropriate. states that there has been either a limitation on the scope of the audit or a departure from the accounting principles of the financial reporting framework used in the financial statements but that the auditor believes that the overall financial statements are fairly presented. This type of opinion may not be used if the auditor believes the exceptions being reported upon are material and pervasive, in which case or |would be used. incial statements are so materially misstated or misleading that they do not present fairly in accordance with acceptable financial reporting framework the financial position, results of opera adverse opinion unqualified opinion with modified wording wuisfy him or herself as to whether or not the overall financial statements are fairly presented because of a significant limitation of the scope of the audit examination. Examples of situations that are appropriate for each type of non-standard opinion are:Distinguish among a qualified opinion, an adverse opinion, and a disclaimer of opinion, and explain the circumstances under which each is appropriate. states that there has been either a limitation on the scope of the audit or a departure from the accounting principles of the financial reporting framework used in the financial statements but that the auditor believes that the overall financial statements are fairly presented. This type of opinion may not be used if the auditor believes the exceptions being reported upon are material and pervasive, in which case or would be used. states that the auditor believes the overall financial statements are so materially misstated or misleading that they do not present fairly in accordance with acceptable financial reporting framework the financial position, results of operations, or cash flows. states that the auditor has been unable to satisfy him or herself as to whether or not the overall financial statements are fairly presented because of a significant limitation of the scope of the An adverse opinion non-standard opinion are: A disclaimer of opinion A qualified opinion Example Situation An unqualified opinion with explanatory paragraph inventories not observed and the inventory, An unqualified opinion with modified wording ificant impact on the financial statements,Examples of situations that are appropriate for each type of non-standard opinion are: Complete the table below. Opinion Type Example Situation Material physical inventories not observed and the inventory, which has a significant impact on the financial statements, cannot be verified through other procedures. A highly material departure from the financial reporting framework in use that has rendered the financial statements meaningless. Inability to confirm the existence of an asset that is material value or material departure from the financial reporting Adverse mework principal use Disclaimer C Qualified Unqualified with explanatory paragraph continue to the next question. Unqualified with modified wording

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