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npeelman npeelman
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6 years ago
Three of the following conditions would, by themselves, require the auditor to issue a report other than an unqualified report. Which one would permit a standard unqualified report?
A) The financial statements show a significant net loss for each of the last three years, including the current fiscal period.
B) The financial statements have not been prepared in accordance with an acceptable financial reporting framework and are misleading.
C) The auditor is not independent during the fiscal period under audit.
D) The scope of the auditor's examination has been restricted, although the cause of the restriction was not the client's fault.
Textbook 
Auditing: The Art and Science of Assurance Engagements, Canadian Edition

Auditing: The Art and Science of Assurance Engagements, Canadian Edition


Edition: 12th
Authors:
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inthe80sinthe80s
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6 years ago
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