Test: CPA Auditing and Attestation (AUD)

1.

Of the following factors, which should most influence an auditor’s decision to modify the audit opinion of an issuer’s financial statements?

The type of users expected to rely on the financial statements

Whether the auditor’s opinion is based in part on the report of another auditor

Uncertainties related to management’s estimates as of the reporting date that are adequately disclosed in the financial statements

The effect of a misstatement on the financial statements taken as a whole

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