Physics · Audit and Assurance
An auditor is evaluating appropriate opinions depending on whether a company decides to amend its financial statements. Fill in the blanks with the correct combination of audit opinions: 1. If the financial statements contain a material and pervasive misstatement regarding the recoverability of a key balance and are not amended, the auditor's opinion will be __________. 2. If the appropriate adjustment is made to correct this misstatement, the auditor's opinion will be __________.
Verified Solution4 OptionsUpdated: October 2026👁️1 View
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- 11. adverse, 2. qualified 'except for'
- 21. disclaimer of opinion, 2. unmodified
- 31. adverse, 2. unmodified✓
- 41. qualified 'except for', 2. unmodified with an emphasis of matter paragraph
Correct answer
1. adverse, 2. unmodified
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