Question
When an auditor does not confirm material accounts receivable, but is satisfied by the application of alternative auditing procedures, she normally should: Issue a qualified
When an auditor does not confirm material accounts receivable, but is satisfied by the application of alternative auditing procedures, she normally should:
| Issue a qualified opinion or a disclaimer, depending on the materiality of the receivables. | ||
| Issue an adverse opinion. | ||
| Issue an unmodified opinion with no reference to this omission. | ||
| Issue an unmodified opinion, but disclose elsewhere in the report this departure from a customary procedure. |
Step by Step Solution
There are 3 Steps involved in it
Step: 1
Get Instant Access to Expert-Tailored Solutions
See step-by-step solutions with expert insights and AI powered tools for academic success
Step: 2
Step: 3
Ace Your Homework with AI
Get the answers you need in no time with our AI-driven, step-by-step assistance
Get Started
Management And Cost Accounting
Authors: Mike Tayles, Colin Drury
11th Edition
147377361X, 978-1473773615
