Situation 1 The accounting firm of Aschari and Di Tomaso was engaged to perform an audit of the financial statements of Pammenter Inc. During the audit, Pammenters senior managers refused to give the auditors the information they needed to confirm any of the accounts receivable. As a result, Aschari and Di Tomaso were not able to confirm the accounts receivable balance. However, they did not encounter any other problems during the audit.

Using Situation 1 what type of audit opinion could be issued? 3 correct responses

Unqualified

Unqualified with emphasis of matter paragraph regarding the confirmation of accounts receivable

Qualified due to a scope limitation

Qualified due to a GAAP departure

Adverse opinion

Denial of opinion