In which of the following circumstances would an auditor usually choose between expressing a qualified opinion or disclaiming an opinion?
A. Material misstatement.
B. Inadequate disclosure ,of accounting policies.
C. Inability to obtain sufficient appropriate audit evidence.
D. Unreasonable justification for a change in accounting principle.
Ans: C. Inability to obtain sufficient appropriate audit evidence.
Business
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Three long-term EU members, Great Britain, _____, and Sweden, have not adopted the euro.
a) france b) italy c) denmark d) greece
Business
Tony is given a company car to drive home daily. Tony has an auto accident on his way home one night. His employer:
A) will be liable since Tony was an agent. B) will be liable through respondeat superior. C) will not be liable because of the going and coming rule. D) will be liable unless there is assumption of risk.
Business