Select the necessary words from the list of possibilities to complete the following statements. Statements If a scope limitation is so severe that a qualified opinion is inappropriate, the auditors should issue a(n) 12. If the auditors have examined the prior year's financial statements presented for comparative purposes, they should their opinion for any new information. 3. All nonpublic company audit reports that are qualified should contain a(n) the qualification. 4. The auditor's responsibility relating to a GAAS audit is for explaining the details of on the financial statements. 5. Responsibility for the preparation and fair presentation of the financial statements rests with the Answer

Select the necessary words from the list of possibilities to complete the following statements. adverse Basis for qualified opinion section [paragraph] CPA firm disclaimer of opinion expressing an opinion expressing an opinion management unmodified unqualified update