Time left 1:1 Examining the balance sheet of the company based on specified criteria is a(n). audit. O a Operational O b. Compliance OC Financial Statements Od None Oe. This is not an audit process Which of the following is a standard of fieldwork in GAAS? O a. The auditor must identify in the auditor's report those circumstances in which such principles have not been consistently observed in the current period in relation to the preceding period. O b. None Oc. The auditor must obtain sufficient appropriate audit evidence by performing audit procedures to afford a reasonable basis for an opinion regarding the financial statements under audit O d. When the auditor determines that informative disclosures are not reasonably adequate the auditor must so state in the auditor's report O e. The auditor must maintain independence in mental attitude in all matters relating to the audit Which of the following is related to auditing standards? O a EU O b. GAAS OC. UNICEF d. IME O e. None A deviation from the unqualified audit report will cause users of financial statements to recognize that O a auditor intends to communicate concerns about the quality of the financial statements. O b. financial statements contain an error. Oc financial statements contain a material error, O d. Auditing Standards were not followed. Time left 1.10 The client has presented all required financial statements with the exception of the statement of cash flows. The auditor has completed the audit and is satisfied that everything with the exception of the missing statement is presented fairly. As a result, the auditor would likely issue O a. either an unmodified or qualified opinion O b. an unmodified opinion, OC a qualified opinion Od a disclaimer of opinion