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Other Fields Homework Help Accounting Topic started by: cmartinez034 on Jul 18, 2022



Title: If the financial statements include an income statement and a balance sheet but exclude the ...
Post by: cmartinez034 on Jul 18, 2022
If the financial statements include an income statement and a balance sheet but exclude the statement of cash flows, the auditors

▸ can issue an unqualified report.

▸ should issue a qualified opinion due to the departure from GAAP.

▸ should issue a qualified opinion because the missing statement of cash flows constitutes a scope limitation.

▸ should include the statement of cash flows, modify the report, and issue an unqualified opinion.


Title: If the financial statements include an income statement and a balance sheet but exclude the ...
Post by: live4outdoors on Jul 18, 2022
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