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Likurg_2 [28]
3 years ago
9

When the auditors of a nonpublic company are unable to comply with generally accepted auditing standards, they should issue an o

pinion that is unmodified, but include an additional emphasis-of-matter paragraph in the report.a) trueb) false
Business
1 answer:
serious [3.7K]3 years ago
7 0

Answer:

The correct answer is B. False.

Explanation:

An unqualified or normal opinion is issued in the event that the auditor, after obtaining sufficient and competent audit evidence, is fully satisfied with the reasonableness of the financial statements and their preparation in accordance with generally accepted accounting principles and standards applied to a base consistent with previous years. This satisfaction of the auditors is presented in the report in a clear and affirmative manner.

In issuing an unqualified opinion, the auditor tacitly expresses that if there have been changes in accounting principles or in the method of application, the relative effects of these have been determined and correctly presented in the financial statements.

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Georgia was contacted by the CEO to research if adding a new data center makes sense for the organization from an economic and operational stand point. Georgia agreed to perform "Feasibility Study".

<h3>What is Feasibility Study?</h3>

A feasibility study is an analysis that determines the chance of successfully completing a project by taking into account all pertinent economic, technical, legal, and scheduling issues.

The purpose of feasible study is-

  • An initial investigation of a prospective project or endeavour to assess its merits and viability is known as a feasibility study.
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There are four main elements that go into a feasibility study-

  1. Technical feasibility: The process of finding out how you're going to manufacture your good or service to see if it's feasible for your business is called technical feasibility.
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  3. Market feasibility (or market fit): Product-market fit occurs when an entrepreneur spots a gap in the market and develops a solution that consumers desire to purchase.
  4. Operational feasibility: The degree to which a proposed system resolves issues, seizes opportunities identified during scope definition, and satisfies requirements found during the requirements analysis stage of system development is measured by its operational feasibility.

To know more about feasibility study, here

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8 0
2 years ago
Boi, why am i alive.-
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Ahah relatable but anyways u good?
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What is buying and selling?​
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Buying and selling are at the centre of trading strategies that involve buying on one asset while selling another. Investors can also sell an asset in order to cut their losses. They may do this if one of there asset is dropping in value and they don't expect it to rise ever again.
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Click this link to view O*NET’s Work Context section for Human Resources Managers. Note that common contexts are listed toward t
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freedom to make decisions

electronic mail and telephone

face-to-face discussions

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