Question

Under which of the following conditions can a disclaimer of opinion never be issued?
a. The entity’s going- concern problems are highly material and pervasive.
b. The entity does not allow the auditors access to evidence about important accounts.
c. The auditors own stock in the entity.
d. The auditors have determined that the entity uses the NIFO (next- in, first- out) inventory costing method.



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  • CreatedOctober 27, 2014
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