If an auditor is unable to perform the audit procedures necessary to determine whether the statements are prepared in accordance with GAAP, the auditor must issue a(n) Blank______ opinion.Multiple choice question.disclaimer ofqualifiedunqualifiedadverse
Question
If an auditor is unable to perform the audit procedures necessary to determine whether the statements are prepared in accordance with GAAP, the auditor must issue a(n) Blank______ opinion.Multiple choice question.disclaimer ofqualifiedunqualifiedadverse
Solution
The correct answer is "disclaimer of". If an auditor is unable to perform the necessary audit procedures to determine if the statements are prepared in accordance with GAAP, they must issue a disclaimer of opinion. This means that the auditor does not express an opinion on the financial statements.
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