If the audit team identifies a material weakness in internal control over financial reporting in the audit of an issuers financial statements, their report on internal control over financial reporting would express a(n) Multiple Choice Adverse opinion with an explanatory paragraph describing the material weakness Unqualified opinion with an explanatory paragraph describing the material weakness Disclaimer of opinion with an explanatory paragraph describing the material weakness Qualified or adverse opinion (depending on the severity of the material weakness) with an explanatory paragraph describing the material weakness

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Question: If the audit team identifies a material weakness in internal control over financial reporting in the audit of an issuers financial statements, their report on

If the audit team identifies a material weakness in internal control over financial reporting in the audit of an issuers financial statements, their report on internal control over financial reporting would express a(n):

Multiple Choice

Adverse opinion with an explanatory paragraph describing the material weakness.
Unqualified opinion with an explanatory paragraph describing the material weakness.
Disclaimer of opinion with an explanatory paragraph describing the material weakness.
Qualified or adverse opinion (depending on the severity of the material weakness) with an explanatory paragraph describing the material weakness.

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