Emphasis of matter is used without an accompanying qualification of the audit report when: (a) Significant uncertainty

Question:

Emphasis of matter is used without an accompanying qualification of the audit report when:

(a) Significant uncertainty exists that should be brought to the reader’s attention.

(b) An extreme limitation of the scope of the engagement exists.

(d) All of the above.

Audit Report
The audit report is issued by a certified public accountant who is appointed by the shareholders to provide assurance upon the truth and fairness of the financial statements prepared by the managers of the company. Audit report contains the...

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