Are KAMs allowed in reports disclaiming an opinion? In adverse opinions? a.   Disclaimers Adverse Yes Yes   b.   Disclaimers Adverse No No   c.   Disclaimers Adverse Yes No   d.   Disclaimers Adverse No Yes

Auditing: A Risk Based-Approach to Conducting a Quality Audit
10th Edition
ISBN:9781305080577
Author:Karla M Johnstone, Audrey A. Gramling, Larry E. Rittenberg
Publisher:Karla M Johnstone, Audrey A. Gramling, Larry E. Rittenberg
Chapter15: Audit Reports On Financial Statements
Section: Chapter Questions
Problem 10TFQ
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Are KAMs allowed in reports disclaiming an opinion? In adverse opinions?

a.

 

Disclaimers

Adverse

Yes

Yes


 

b.

 

Disclaimers

Adverse

No

No


 

c.

 

Disclaimers

Adverse

Yes

No


 

d.

 

Disclaimers

Adverse

No

Yes

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