10 When the misstatements discovered is material but not pervasive and the overall financial statement present fairly, the auditor is likely to issue : Select one: out of a. emphasis matter question b. disclaimer C. qualified d. adverse 11 The auditor will issue un-qualified audit report with explanatory paragraph when: ut of Select one: a. The auditor is not independent question b. The scope of the audit has been restricted c. The financial statements are present fairly in all material respect d. Changes in accounting principles, such as a change from FIFO to LIFO inventory valuation 112 which of the following is an auditing standard: d Select one: a. Determination on whether to accept or reject a new client out of b. None of the above g question O C. All of the above d. Determine and apply materiality levels