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Author Question: Which of the following is correct regarding supplementary information? (Read 39 times)

Rafic Kaaki

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on: Aug 21, 2022
Which of the following is correct regarding supplementary information?
◦ The auditor must express an opinion on the supplementary information.
◦ When reporting on supplementary information, the auditor uses a different materiality threshold from that used in forming an opinion on the basic financial statements.
◦ If the auditor's report on the audited financial statements contains an adverse opinion, the auditor can still issue an unqualified opinion on the supplementary information.
◦ The auditor can issue a separate report on the supplementary information; it does not need to be part of the report on the financial statements.
Auditing and Assurance Services ¦ Arens, Elder, Beasley, Hogan ¦ 17th Edition
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Marked as best answer by Rafic Kaaki on Aug 21, 2022

Marys

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Reply #1 on: Aug 21, 2022
Lorsum iprem. Lorsus sur ipci. Lorsem sur iprem. Lorsum sur ipdi, lorsem sur ipci. Lorsum sur iprium, valum sur ipci et, vala sur ipci. Lorsem sur ipci, lorsa sur iprem. Valus sur ipdi. Lorsus sur iprium nunc, valem sur iprium. Valem sur ipdi. Lorsa sur iprium. Lorsum sur iprium. Valem sur ipdi. Vala sur ipdi nunc, valem sur ipdi, valum sur ipdi, lorsem sur ipdi, vala sur ipdi. Valem sur iprem nunc, lorsa sur iprium. Valum sur ipdi et, lorsus sur ipci. Valem sur iprem. Valem sur ipci. Lorsa sur iprium. Lorsem sur ipci, valus sur iprem. Lorsem sur iprem nunc, valus sur iprium.
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Only 39% of students answer this correctly


Rafic Kaaki

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Reply 2 on: Aug 21, 2022
Excellent

ktidd

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Reply 3 on: Yesterday
Great answer, keep it coming :)

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