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Short Word Problems (Part 1) For the following independent situations during an audit, provide the following two answers: 1. Identify whether it is an accounting

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Short Word Problems (Part 1) For the following independent situations during an audit, provide the following two answers: 1. Identify whether it is an accounting error or scope limitation 2. Identify which Audit Opinion/Auditor's Report should be issued assuming the client will not correct the issues noted? No explanations are required. Question 14 (2 points) The annual revenue amount included several transactions which were for the next fiscal year. Amounts were material and would ruin the entire financial statements. 1

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