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(TCO B) An audior most lkcly would express an unmodifiod opinion other-matler pa

ID: 2437658 • Letter: #

Question

(TCO B) An audior most lkcly would express an unmodifiod opinion other-matler paragraphs to the report if the audbor and would not add emphasis of matte wishics to emphasize that the enthy had signicant tramactions with related parties O discovers O beleves that ther that supplementary information required by FASB has been ommed e is a probable Rkellhood of a material loss sesulting from an uncertainty that is suitidenty supported and disclosed O concurs with the onfty's change in its mothod of computing depreciation D | Question 5 5 pts (TCO F) Which is not a characteristic of the reliability of avidence? Qualfication of individual providing information Auditor's direct knowledge O Degree of subjecthvity 0 Degree of objectivity

Explanation / Answer

1) The Answer is 'C'

C. Believes that there is a probable likelihood of a material loss resulting from an uncertainty

that is sufficiently supported and disclosed.

2) The Answer is 'C'

C. Degree of Subjectivity