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Under which of the following conditions can a disclaimer of opinion never be issued Select one: The auditors own stock in the entity b. The

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Under which of the following conditions can a disclaimer of opinion never be issued Select one: The auditors own stock in the entity b. The entity's going concern problems are highly material and pervasive, The auditors have determined that the entity uses the NIFO (next. in first-out) inventory costing method d. The entity does not allow the auditors access to evidence about important accounts on 11 All of the following are causes for the addition of an explanatory paragraph except for: red d out of question Select one: a. lack of consistent application of generally accepted accounting principles b. auditor agrees with a departure from promulgated accounting principles, o reports involving other auditors. d. emphasis of a matter when the auditor discover a misstatement in the financial statement and this misstatement is considered as material and will affect the overall financial statement fairness, the auditor will issue a Select one: a. Qualified opinion b. Modified wording opinion C. Adverse opinion d. unqualified with emphasis of matter

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