Question

Examples of unmodified opinions which contain modified wording​ (without adding an​ emphasis-of-matter paragraph) include A. lack of consistent application of GAAP. B. the lack of consistent application of generally accepted accounting principles. C. substantial doubt about the audited company​ (or the​ entity) continuing as a going concern. D. reports involving other auditors.

Answer 1

Answer:

D. reports involving other auditors.

Explanation:

An auditor would issue an unmodified opinion audit report which contains modified wording​ (without adding an​ emphasis-of-matter paragraph) s/he should include reports involving other auditors.

Commonly, these audit reports rely upon a different CPA firm, thus the auditor can indicate that her/his responsibility is shared in the modified wording of an unmodified or unqualified report.