Câu 159: AUD: CPA Auditing and Attestation Exam

This question presents independent factual situations an auditor might encounter in conducting an audit. List A represents the types of opinions the auditor ordinarily would issue. Select as the best answer for this item, the action the auditor normally would take. The types of opinions in List A may be selected once, more than once, or not at all.Assume:- The auditor is independent.- The auditor previously expressed an unqualified opinion on the prior year's financial statements.- Only single-year (not comparative) statements are presented for the current year.- The conditions for an unqualified opinion exist unless contradicted in the factual situations.- The conditions stated in the factual situations are material.- No report modifications are to be made except in response to the factual situation. Item to Be Answered -An entity issues financial statements that present financial position and results of operations but omits the related statement of cash flows. Management discloses in the notes to the financial statements that it does not believe the statement of cash flows to be a useful financial statement. List A -Types of Options -

1. A. An "except for" qualified opinion. — đáp án hiện tại
2. B. An unqualified opinion.
3. C. An adverse opinion.
4. D. A disclaimer of opinion.
5. E. Either an "except for" qualified opinion or an adverse opinion.
6. F. Either a disclaimer of opinion or an "except for" qualified opinion.
7. G. Either an adverse opinion or a disclaimer of opinion.