When is a disclaimer of opinion issued? (Chapter 15) When a scopertation is material and pervasive When a scope Imitation is total but not pervasive When a misstan tis material and pervasive When sco o t ed by a grocedures QUESTION 14 Once auditors have gathered sufficient appropriate audit evidence, evaluated uncorrected misstatements, and completed the required communications with those charged with governance Chapter 15) the steps to prepare and issue the independent autor's report the final steps to come with the consegu e the audit report should be sent to the Internal audit function for review the report should be sent to the SEC for modification and approval QUESTION 15 When an adverse opinions issued regarding Internal control over financial reporting (CFR, the auditor (Chapter 15) pines that the company has reported to financial statements in accordance with General Accepted Accounting Principles GAAP makes a dea statement that the company has not maintained effective internal control for the period under audit make a dear m ent that the company has maintained effective internal control for the period under audit QUESTION 16 Chapter 15 The responsibility for the financial statements rests intly with the auditor and management solwen management with the internal function solely with the external suo