In each of the circumstances listed below, indicate, by appr…
In each of the circumstances listed below, indicate, by appropriate letter (A, B, C, or D), which of the following types of opinions should be rendered on the entity’s financial statements. Unmodified Qualified Adverse Disclaimer Type A for unmodified, B for qualified, or C for adverse, or D for disclaimer. If you type anything other than A, B, C, or D your answer will be marked as incorrect. 1. Departure from generally accepted accounting principles that is material but not pervasive. 2. Going-concern uncertainties that may have a material (but not pervasive) effect on the financial statements. 3. Emphasis of a matter, no generally accepted accounting principles (GAAP) departure. 4. Material, but not pervasive, scope limitation. 5. Material and pervasive departure from generally accepted accounting principles (GAAP)
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