Question: LO 1 2 - 2 1 2 . 3 7 The audit team found that the entity has not capitalized a material amount of leases
LO
The audit team found that the entity has not capitalized a material amount of leases in the financial statements. When considering the materiality of this departure from GAAP, the auditors would choose between which reporting options?
a Unmodified opinion or disclaimer of opinion.
b Unmodified opinion or qualified opinion.
c Unmodified opinion with an emphasisofmatter paragraph or an adverse opinion.
d Qualified opinion or adverse opinion.
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