Four basic types of audit opinions
What are the four basic types of audit opinions? Please list all the opinions. Also, which audit opinion constitutes the vast majority of opinions?
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In which of the following circumstances would an auditor usually choose between issuing a qualified opinion or an adverse opinion on a client's financial statements?
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A 12- year, 5% coupon bond pays interst annually. The bond has a face value of $1,000. What is the change in the price of this bond if the market yield rises to 6% from the current yield of 4.5%?
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