When can an auditor issue a qualified opinion when there is, Financial Accounting

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When can an auditor issue a qualified opinion when there is

1. When can an auditor issue a qualified opinion when there is a substantial going concern issue?

When the going concern effects will be negative

When the going concern is not disclosed

When management has no plans to delay future expenses

When the losses appear to be irreversible

2. What should the auditor do when faced with a material departure from GAAP on the financial statements?

Issue an adverse opinion

Issue a disclaimer of opinion

Issue an unmodified opinion with a basis for modification paragraph

Withdraw from the engagement

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Financial Accounting: When can an auditor issue a qualified opinion when there is

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Financial Accounting: When can an auditor issue a qualified opinion when there is

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