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cluponka [151]
3 years ago
11

Auditors found that the entity has not capitalized a material amount of leases in the financialstatements. When considering the

materiality of this departure from GAAP, the auditorswould choose between which reporting options?a. Unmodified opinion or disclaimer of opinion.b. Unmodified opinion or qualified opinion.c. Unmodified opinion with an emphasis-of-matter paragraph or an adverse opinion.d. Qualified opinion or adverse opinion.
Business
1 answer:
Dafna1 [17]3 years ago
3 0

Answer:

B. Unmodified opinion or qualified opinion.

Explanation:

Unmodified opinion is often called a clean opinion, an unmodified opinion is an audit report that is issued when an auditor determines that each of the financial records provided by the entity is free of any misrepresentations. In addition, an unmodified opinion indicates that the financial records have been maintained in accordance with the standards known as Generally Accepted Accounting Principles (GAAP).

On the other hand, a qualified opinion is when a company’s financial records have not been maintained in accordance with GAAP but no misrepresentations are identified, an auditor will issue a qualified opinion.

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The answer to this question is citizen-action
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Usually, this type of action is cause when the citizens feel that the decision/policies will negatively affect their community.
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3 years ago
Leah is meeting robert at a local coffee shop for a blind date. she arrives early and quickly notices that the other patrons are
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What are the options to choose from?
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3 years ago
To be a team, a group must be composed of members with complementary skills.T/F
AysviL [449]

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3 years ago
Branch-circuit conductors supplying a single motor compressor shall have an ampacity not less than 125% of either the motor-comp
Lady_Fox [76]

Branch-circuit conductors supplying a single motor compressor shall have an ampacity not less than 125% of either the motor-compressor rated load current or the branch-circuit selection current, whichever is greater. For a wye-start, delta-run connected motor-compressor, the selection of branch-circuit conductors between the controller and the motor-compressor shall be permitted to be based upon 72% of either the motor-compressor rated-load current or the branch-circuit selection current, whichever is greater.

Explanation:

A branch circuit consists of the conductors between the final over current safety equipment and the exhaust system(s).It consists of drivers between the final over current protection equipment (OCPD) and the receptacle outlets, the illumination outlet(s).

The OCPDs must produce an ampacity of not under 125% of the continuous loads plus 100% of the non-continuous loading.

You must not exceed 125% of the continuous charges, plus 100% of the non-consistent charges

8 0
4 years ago
Is a 401 K considered an individual retirement account?.
Natasha_Volkova [10]

No, 401(k) can not be considered as an individual retirement account.

The 401(k) differs from an individual retirement account ((RA) because A 401(k) is created through an individual's employer. Generally, 401(k)s as well as individual retirement accounts include beneficial tax advantages, But where we see a distinction is that the 401(k)s are designed for employers of labor to offer while individual retirement accounts are for Individuals as IRAS give more investment opportunities and 401(k)s gives a higher annual contribution.

To know more about Individual retirement account visit:

brainly.com/question/2084315

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2 years ago
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