4. Auditing reporting standards for financial statement and integrated audits require auditors to

provide which of the following?

a. Positive assurance.

b. Negative assurance.

c. Materiality assurance.

d. No assurance.

5. Which one of the following is an example of the contents of an opinion paragraph found in an audit

report?

a. We have audited

b. Nothing came to our attention

c. The financial statements referred to above present fairly

d. An audit includes examining, on a test basis

6. A client company has a history of negative cash flow trends and continuing losses. Which

type of opinion will the auditor most likely issue?

a. Adverse.

b. Unqualified with explanatory language.

c. Qualified.

d. Disclaimer.