Question: What is the effect on whether the auditee qualifies as a low - risk auditee when the auditor issues a modified opinion on the financial

What is the effect on whether the auditee qualifies as a low-risk auditee when the auditor issues a modified opinion on the financial statements?
A. It has no effect on the auditee's low-risk status:
B. It raises the auditee's risk level to intermediate.
C. It precludes the auditee from being considered low risk.
D. It prectudes the auditee from belng considered low risk unless management provides appropriate assurances.
What is the effect on whether the auditee

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