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Please complete above from the below options: URGENT ANSWER Question 42 10 pts Shown below are a number of situations that may be encountered

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URGENT ANSWER

Question 42 10 pts Shown below are a number of situations that may be encountered during the audit examination. For each, indicate how the auditors' standard (unmodifed) report would be modified. Each reporting situation may result in more than one modification to the auditors' standard report; if so, be sure to choose the answer that reflects all required modifications. Any answer may be used once, more than once, or not at all. Departure from GAAP that does not materially affect the financial statements. Choose ] Inability of auditors to confirm accounts receivable with customers; while the scope imitation is material, the auditors still believe an opinion may be expressed on the entitys financial statements [Choose ] Group auditors decide to refer to the work of component auditors in their report. [ Choose ] Entity has changed from FIFO to LIFO accounting for inventories Auditors wish to highlight arn event that occurred following the date of the financial statements. Choose] Departure from GAAP that has a material, but not pervasive, effect on the financial statements Group auditors decide to assumeChoose ] full responsibility for the work of component auditors and not refer to component auditors' work in their report. Scope limitation that precludes auditors from expressing an opinion Choose] Auditors would like to disclose potential going-concern uncertainties in their report (these uncertainties have been appropriately disclosed in the entity's financial statements and related disclosures). Departure from GAAP that has aChoose material and pervasive effect orn the financial statements. Choose ] No modifications to the standard (unmodified) report are necessary Modification to Auditor's Responsibility section AND Additional paragraph added to report AND Modification t Additional paragraph added to report AND Modification to opinion paragraph. Modification to introductory paragraph. Modification to introductory paragraph AND Modification to Auditor's Responsibility section Modification to introductory paragraph AND Modification to Auditor's Responsibility section AND Additional p Modification to Management's Responsibility section. Additional paragraph added to report. Modification to opinion paragraph Modification to introductory paragraph AND Additional paragraph added to report. Modification to Auditor's Responsibility section. Modification to introductory parapraph ANID Modification to opinion parapraph

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