Question: Please answer with reason for all why the option is correct and why the other options are incorrect Please answer correct otherwise skip it Question
Please answer with reason for all why the option is correct and why the other options are incorrect Please answer correct otherwise skip it
Question 13 4 pts
A material lack of consistency in the use of accounting principles
Group of answer choices
is referred to in the opinion paragraph, but does not require the addition of a separate paragraph.
requires no modification to the standard audit report if the change is justified.
requires the addition of a paragraph to the audit report.
refers to the use of different principles for different classes of assets and does not relate to the audit report.
Question 14 4 pts
When a client imposes a scope limitation and the auditor is unable to obtain the necessary evidence in another manner, the auditor
Group of answer choices
may withdraw from the audit.
may issue a disclaimer.
may issue a qualified opinion.
all of the above.
Question 15 4 pts
A financial statement auditor believes that the client has adequately disclosed a matter in its financial statements. However, the auditor wishes to draw attention to the issue in an "emphasis of matter" paragraph. Placing the paragraph in the audit report
Group of answer choices
Is acceptable if the auditor modifies the opinion and places the paragraph before the opinion paragraph.
Should never be done because it could render the report misleading.
Is appropriate under professional standards.
Should be done only if the matter is not material.
Question 16 4 pts
The requirement to exercise due care applies to
Group of answer choices
tax services.
consulting services.
both A and B
neither A nor B; this requirement applies only to attestation services.
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