Which of the following is least likely to result in a qualification of the auditors' opinion due to a scope limitation? A)Scope limitations imposed by the client. B)Reliance placed upon the report of component auditors. C)Inability to obtain sufficient appropriate audit evidence. D)Inadequate accounting records.

Question

Quizplus · Accepted Answer

Reliance on the report of component auditors is a common practice in auditing, especially for large corporations with multiple divisions or international operations. This does not inherently limit the scope of the audit or lead to a qualification of the auditors' opinion, as long as the principal auditors are satisfied with the work of the component auditors.

Which of the Following Is Least Likely to Result in a Qualification