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NEW QUESTION: 1
An auditor most likely would express an unqualified opinion and would not add explanatory language to
the report if the auditor:
A. Discovers that supplementary information required by FASB has been omitted.
B. Wishes to emphasize that the entity had significant transactions with related parties.
C. Concurs with the entity's change in its method of computing depreciation.
D. Believes that there is a probable likelihood of a material loss resulting from an uncertainty that is
sufficiently supported and disclosed.
Answer: D
Explanation:
Explanation/Reference:
Explanation:
Choice "D" is correct. An auditor most likely would express an unqualified opinion and would not add
explanatory language to the report if the auditor believes that there is a probable likelihood of a material
loss resulting from an uncertainty that is sufficiently supported and disclosed.
Choice "A" is incorrect. Emphasis of a matter, such as the existence of significant transactions with related
parties, may result in an additional explanatory paragraph appended to an otherwise unqualified opinion.
Choice "B" is incorrect. A change in accounting principle does result in an additional explanatory
paragraph appended to an otherwise unqualified opinion.
Choice "C" is incorrect. Omission of supplemental information required by GAAP does result in an
additional explanatory paragraph appended to an otherwise unqualified opinion.
NEW QUESTION: 2
What do you call a closed sequence of relationships and activities where you start from an activity and end up back at the same activity, by way of relationships?
Please choose the correct answer.
Response:
A. Graphics
B. Cycle
C. Cycle analysis
D. Web structures
Answer: B
NEW QUESTION: 3
Theportletlifecycle includes the methods:(Please select all correct answers.)
A. processAction()
B. destroy ()
C. service()
D. processEvent()
E. render()
F. serveResource()
Answer: A,B,D,E,F
NEW QUESTION: 4
A. Option B
B. Option C
C. Option D
D. Option A
Answer: B