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True or False 1. The audit report should be modified to include an explanatory paragraph if the client has changed a material accounting estimate 2.

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1. The audit report should be modified to include an explanatory paragraph if the client has changed a material accounting estimate

2. what used to be referred to as an "unqualified opinion" is now called a modified opinion for public companies

3. An auditor should never express a different opinion on the income statement than on the balance sheet

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