same 9 options for each question

Statements 1. Audit reports issued under GAAS ordinarily are signed with the name of the 2. Responsibility for the preparation and fair presentation of the financial statements rests with the 3. The auditor's responsibility relating to a GAAS audit is foron the financial statements. A(n) position, results of operations, and cash fows, in conformity with generally accepted accounting principles. opinion is an opinion that the financial statements of a public company fairly present financial 4. When a nonpublic client elects to change accounting principles from one acceptable principle to another 5. acceptable principle and the auditors agree the change is desirable, they should issue a report with a(n) opinion When financial statements contain a material departure from generally accepted accounting principles, the 6 auditors qualify their opinion, or they issue a(n)opinion depending on the materiality of the departure The auditors issue a qualified opinion or a(n)opinion, if they consider the disclosure in the client's financial statements to be inadequate. 7 If a scope limitation is so severe that a qualified opinion is inappropriate, the auditors should issue a(n) - AI any audit e o s that are qua ed should contain an) e de a s put at on e ann 9 the qualification. f the auditors have examined the prior year's financial statements presented for comparative purposes, they shouldtheir opinion for any new information. 10. Answer 1adverse 2 basis for modification paragraph (or basis for qualified opinion paragraph) 3. CPA firm 4. disclaimer of opinion Answer Show A 5. expressing an opinion 6. management Z-unmodified 8. unqualified 9. update