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Under which of the following set of circumstances might the auditors disclaim an opinion? The financial statements contain a departure from generally accepted accounting principles,
Under which of the following set of circumstances might the auditors disclaim an opinion? The financial statements contain a departure from generally accepted accounting principles, the effect of which is material. There has been a material change between periods in the method of application of accounting principles. There are significant scope limitations on the audit. The group auditors decide to make reference to the report of component auditor who audited a subsidiary.
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