With respect to the issuance of an audit report, the level of materiality will determine_______.
A)how much the auditor charges for services rendered
B)which modified opinion should be issued, if any
C)which unmodified opinion should be issued
D)which type of adverse opinion should be issued

Question

Quizplus · Accepted Answer

Materiality levels help auditors decide whether an issue is significant enough to require a modified opinion. If errors or issues found during the audit are considered material, the auditor may issue a qualified, adverse, or disclaimer of opinion, depending on the nature and extent of the issues identified.

With Respect to the Issuance of an Audit Report, the Level