Question 1
When accounting principles are
not consistently applied, and the materiality level is immaterial, the auditor will issue a(n)
◦ standard unmodified opinion.
◦ unmodified opinion with an explanatory paragraph.
◦ adverse opinion.
◦ disclaimer opinion.
Question 2
When there is a justified departure from GAAP which is considered material, the auditor should issue a(n)
◦ standard unmodified opinion.
◦ disclaimer of opinion.
◦ unmodified opinion with an explanatory paragraph.
◦ adverse opinion.