Question #1: (10 points) 1-1) What are the purposes of the opinion paragraph in the auditor's report? 1-2) Identify the most important information included in the opinion paragraph? 1-3) What are the circumstances that are required for a standard unqualified opinion audit report to be issued? 1-4) Define materiality, what are the three levels of materiality, and what type of opinion is needed for each level?