If an issuer releases financial statements that purport to present its financial position and results of operations but omits the statement of cash flows, the auditor ordinarily will express a(n)

a. Disclaimer of opinion.
b. Qualified opinion.
c. Review report.
d. Unmodified opinion with a separate emphasis-of-matter paragraph.

Ans: b. Qualified opinion

Business

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Which of the following is not essential to the creation of an agency relationship:

A: Agreement to pay a consideration; B: Agreement of the parties to the agency; C: Competency on the part of the principal; D: A fiduciary relationship.

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Discuss three reasons why an organization would use a report deck for a meeting

What will be an ideal response?

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