Question: The auditor feels that the allowance for doubtful debts should be higher than what management has estimated. In contrast to the profit before taxes, the

The auditor feels that the allowance for doubtful debts should be higher than what management has estimated. In contrast to the profit before taxes, the allowance amount difference is not significant. As a result, an unmodified opinion would be the proper audit opinion?

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The decision to issue an unmodified opinion also known as a clean opinion depends on several factors beyond just the difference in the allowance for d... View full answer

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