$2$points

Time Remaining $1$ hour $25$ minutes $47$ seconds

$01$:$25$:$47$

Item $3$

Time Remaining $1$ hour $25$ minutes $47$ seconds

$01$:$25$:$47$

Auditors will issue an adverse opinion when

Multiple Choice

a qualified opinion cannot be rendered because the auditors lack independence.

a severe scope limitation has been imposed by the entity.

a violation of generally accepted accounting principles is sufficiently material and pervasive that a qualified opinion is not justified.

the entity's ability to continue as a going concern is subject to substantial doubt.