Question: 1. During the year, your client changed from the straight-line to an accelerated method of depreciation. This change has no material effect on the current
1.
During the year, your client changed from the straight-line to an accelerated method of depreciation. This change has no material effect on the current year's financial statements, but will have a substantial effect in later years. You agree with the change, which is adequately disclosed. The auditor will most likely issue a(an):
Group of answer choices
Standard unmodified opinion
Unmodified opinion with explanatory paragraph
Unmodified opinion with changes to standard report wording
Qualified opinion
Disclaimer of opinion
Adverse opinion
2. Indicate the primary form of audit evidence for this procedure:
Trace amounts recorded in the sales journal to amounts recorded in the accounts receivable subledger.
Group of answer choices
Physical examination
Confirmation
Inspection
Observation
Inquiries of client
Recalculation
Reperformance
Analytical procedures
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