The answer for each question is given, could you give me clarifications for each?

(1)Your client, Blunt Ltd, is being sued by one of its competitors for $20 million for an alleged patent infringement.Your client has assets of $40 million and a reported profit of $10 million. The client has disclosed the lawsuit in a note to the accounts along with a statement indicating that they intend to vigorously defend the suit and are confident of winning the suit. Your independent legal advice supports this view and you are satisfied with the details provided by the client in the notes to the accounts. What type of opinion should you express on the financial report of Blunt Ltd?

A. An unmodified opinion with an Emphasis of Matter.(is correct answer)

B. A disclaimer of opinion.

C. An unmodified opinion.

D. A qualified opinion or adverse opinion.

(2)An auditor was unable to obtain an audited financial report or other evidence supporting an entity's investment in a foreign subsidiary considered material to the financial report. Between which of the following opinions should the entity's auditor choose?

A. Qualified and disclaimer.(correct answer)

B. Qualified and adverse.

C. Disclaimer and unmodified with an Emphasis of Matter.

D. Adverse and unmodified with an Emphasis of Matter.

(3)At the end of the audit the auditor has two issues outstanding. The first is a disagreement with those charged with governance concerning the use of an inappropriate valuation method for inventory (LIFO). The second issue is that your client has disclosed in a note to the financial report the early application of an accounting standard that has a pervasive effect on the financial report. The note details the reasons for the application of the accounting standard in advance of its effective date. You, as the auditor concur that the additional note disclosure is necessary to give a true and fair value. What type of an opinion should you issue?

A.Qualified opinion with an Emphasis of Matter.(correct answer)

B.Unmodified opinion.

C.Qualified opinion.

D.Unmodified opinion with an Emphasis of Matter.

(4)King, CPA, was engaged to audit the financial report of Newton Company after its fiscal year had ended. King neither observed the inventory count nor confirmed the receivables by direct communication with debtors but was satisfied concerning both after applying alternative procedures. King's auditor's report most likely contained a(n):

A. Unmodified opinion with an explanatory paragraph.

B. Unmodified opinion.(correct answer)

C. Disclaimer of opinion.

D. Qualified opinion.