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If the auditor encounters a material scope limitation and cannot obtain sufficient appropriate audit evidence regarding the fair presentation of the financial statements, what type of report would be issued? 1

Accounting Sep 18, 2020

If the auditor encounters a material scope limitation and cannot obtain sufficient appropriate audit evidence regarding the fair presentation of the financial statements, what type of report would be issued?

1.       A qualified or adverse opinion.

2.       An unmodified opinion with an emphasis-of-matter paragraph.

3.       A qualified or disclaimer of opinion.

4.       No report can be issued.

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