What category of audit report does each scenario fall into?

1. 2 Unmodified opinion - standard wording 2 1 3 2 Unmodified opinion with added explanatory paragraph (emphasis-of-matter) Unmodified opinion - changes to standard report wording 4. 3 The company is in the airline leasing business. During the year, they changed the depreciation method for the planes, which had a material effect on depreciation expense. During the year, your client changed the useful lives of significant manufacturing fixed assets. This change has a material effect on the current year's financial statements. You agree with the change. The client has a significant investment in a foreign subsidiary. You are unable to verify the assets at the subsidiary. Because of declining profitability and a negative working capital balance, the auditor has doubt about whether the company will continue in existence. Management's plan to raise additional capital do not mitigate those concerns. A principal auditor wishes to share responsibility with another CPA who audited a wholly- owned subsidiary of the entity and issued an unqualified opinion. The total assets and revenues of the subsidiary represent 13% and 18%, respectively, of the total assets and revenues of the entity being audited. You were engaged by the client to perform the audit after year-end. You were unable to observe the highly material ending balance in inventory and were unable to satisfy yourself using alternative procedures. Harrison automotive changed from straight-line to accelerated declining-balance depreciation. The change has a material effect on current year depreciation expense and will be highly material in future periods. Intelligis Electronics is a manufacturer of advanced electrical components. During the year, changes in the market resulted in a significant decrease in the demand for their products, which are now being sold significantly below cost. Management refuses to write-off the products or to increase the reserve for obsolescence. Qualified opinion -GAAP departure 5. 4 Qualified opinion -Scope limitation 6. 5 Disclaimer of opinion 7. 6 Adverse opinion 8. 7