Auditors found that the entity has not capitalized a material amount of leases in the financial statements.

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Auditors found that the entity has not capitalized a material amount of leases in the financial statements. When of this departure from GAAP, the auditors would choose between which reporting options?

a. Unmodified opinion or disclaimer of opinion.

b. Unmodified opinion or qualified opinion.

c. Unmodified opinion with an emphasis-of-matter paragraph or an adverse opinion.

d. Qualified opinion or adverse opinion.

Related Book For answer-question

Auditing and Assurance Services

ISBN: 978-0077862343

6th edition

Authors: Timothy Louwers, Robert Ramsay, David Sinason, Jerry Straws

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Posted Date: May 24, 2019 07:24 AM

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Auditors found that the entity has not capitalized a material amount of leases in the financial statements.

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If the departure from GAAP is not material then the auditor is r... View the full answer

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