When restrictions that significantly affect the scope of the audit are imposed by the client, the auditor generally should issue which of the following opinion?

Related Mcqs:

Audit risk is composed of 3 factors. Which of the following is NOT one of those factors?

A. Compliance risk B. Detection risk C. Control risk D. Inherent risk...

Audit of banks is an example of_____________?

A. Statutory audit B. Balance sheet audit C. Concurrent audit D. All of the above...

Of the following, which is the least persuasive type of audit evidence?

A. Bank statements obtained from the client B. Documents obtained by auditor from third parties directly. C. Carbon copies of sales invoices inspected by the auditor D. Computations made by the auditor...

Which of the following statements is most closely associated with analytical procedure applied at substantive stage?

A. It helps to study relationship among balance sheet accounts B. It helps to discover material misstatements in the financial statements C. It helps to identify possible oversights D. It helps to accumulate evidence supporting the validity of a specific account balance...

For companies required to produce interim financial statements (IFI):

A. one audit firm should audit the IFI and a different firm should audit the financial statements for the year as a whole. B. one accountancy firm should review the IFI and a different firm should audit the financial statements for the year as a whole. C. the same firm should audit the IFI and … For companies required to produce interim financial statements (IFI):Read More...