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When would an auditor issue a standard unmodified (unqualified) audit report with an emphasis of matter paragraph or modified wording? Select all that apply. Group
When would an auditor issue a standard unmodified (unqualified) audit report with an emphasis of matter paragraph or modified wording? Select all that apply.
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There is substantial doubt about the clients going concern.
The financial statements do not follow GAAP and are materially misstated.
There is lack of consistent application of GAAP in the financial statements.
There is a Critical Audit Matter (CAM) to report following PCAOB guidance.
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