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2 years ago

A scope limitation sufficient to preclude an unqualified opinion always will result when management:__________

Business

1 answer:

vovikov84 [41]2 years ago

4 0

Answer:

The answer is D.

Explanation:

A scope limitation in audit means circumstances hindering an auditor from carrying out his duties according to the audit procedure. A scope limitation can make an auditor issue a qualified opinion or a disclaimer of opinion depending on the materiality of the issue.

Back to the question, a scope limitation sufficient to preclude an unqualified opinion always will result when management refuses to provide a representation letter acknowledging its responsibility for the fair presentation of the financial statements in conformity with General Accepted Accounting Principle (GAAP)

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Following are the solution to this question:

Explanation:

Please find the complete question in the attachment file.

Applied to fixed overhead

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