Question: When determining what type of report to issue on internal control under Setion 4 0 4 , which of the following statements is true? an

When determining what type of report to issue on internal control under Setion 404, which of the following statements is true?
an adverse opinion must be given if any weakness in internal control is discovered
a scope limitation requires the auditor to disclaim an opinion on internal controls
a scope limitation limitation requires the auditor to express a qualified or disclaimer of opinion
one significant deficient requires a advese opinion

Step by Step Solution

There are 3 Steps involved in it

1 Expert Approved Answer
Step: 1 Unlock blur-text-image
Question Has Been Solved by an Expert!

Get step-by-step solutions from verified subject matter experts

Step: 2 Unlock
Step: 3 Unlock

Students Have Also Explored These Related Accounting Questions!