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Sunshine Company decided to change the rate it depreciates its equipment from 17% to 15% for a better representation of the utilization of the assets.
Sunshine Company decided to change the rate it depreciates its equipment from 17% to 15% for a better representation of the utilization of the assets. The auditor agrees with this decision. Besides, all information is satisfactorily disclosed in the financial statements. In this case, the auditor would issue a (an): * Adverse opinion Unqualified opinion Qualified opinion Unqualified opinion plus an explanatory paragraph There is an ......relation between inherent risk and detection risk and .... relation between inherent risk and the amount of audit evidence. * Inverse, inverse Inverse, direct Direct, direct Direct, inverse If planned detection risk is reduced, the amount of evidence the auditor accumulates will: * Decrease. Remain unchanged. Be indeterminate. Increase. Audit Risk is not composed of: * Business Risk Inherent Risk Detection Risk Control Risk
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