Question
The client was concerned that customers with significant balances of accounts receivable would be upset if they received letters about their balances. Accordingly, the client
The client was concerned that customers with significant
balances of accounts receivable would be upset if they
received letters about their balances. Accordingly, the
client told the auditor NOT to send accounts receivable
confirmations to customers whose balances are a material part
of the accounts receivable balance. The auditor is not able
to verify these balances in any other way. This would most
likely result in what type of auditors' report? What type of
situation is involved?
a. Qualified or adverse; Accounting problem
b. Qualified or disclaimer; Accounting problem
c. Adverse or disclaimer; Accounting problem
d. Qualified or adverse; Scope problem, lack of evidence
e. Qualified or disclaimer; Scope problem, lack of evidence
f. Adverse or disclaimer; Scope problem, lack of evidence
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