Which of the following would not be an appropriate reporting option for financial statements prepared using a special purpose framework? Multiple Choice A qualified opinion because of a departure from the accounting principles of the special purpose framework. A disclaimer of opinion because of the failure of the entity to use generally accepted accounting principles. An adverse opinion because of a departure from the accounting principles of the special purpose framework. A qualified opinion because of a circumstance-imposed scope limitation. Which of the following is not a condition that must be met before an accountant can conduct an attestation engagement? Multiple Choice Management has appropriately documented the matter related to the attestation. Management presents a written assertion about the matter related to the attestation. Management accepts responsibility for the matter related to the attestation. Management's assertion related to the matter of the attestation can be supported by sufficient evidence. Which of the following is not true if auditors are requested to express an opinion on the fairness of a non-issuers' balance sheet? Multiple Choice The auditors must conduct the engagement in accordance with generally accepted auditing standards. The auditors' opinion will be limited to the balance sheet and will not reference the remaining financial statements. The auditors' procedures will be limited only to those related to the balance sheet. The auditors must refuse to accept the engagement if originally engaged to issue an opinion on the complete financial statements and would have expressed an adverse opinion on those financial statements. If an entity prepares financial statements that omit footnote disclosures required by generally accepted accounting principles, the accountants' compilation report should: Multiple Choice Express an unmodified opinion on the financial statements and reference the omitted disclosures. Disclaim an opinion or assurance on the financial statements without referencing the omitted disclosures. Disclaim an opinion or assurance on the financial statements and reference the omitted disclosures. Express a qualified or adverse opinion on the financial statements (depending upon the pervasiveness of the effects of the omitted disclosures) and reference the omitted disclosures. For which type of prospective financial information can an accountant conduct an examination engagement? do Financial forecast Yes Yes No Financial projection Yes No Yes No No Multiple Choice Option A Option D Option C Option B