An adverse opinion is used when there has been a material and pervasive scope restriction caused by the client.

Name: An adverse opinion is used when there has been a material and pervasive scope restriction caused by the client.
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Question

Quizplus · Accepted Answer

An adverse opinion is issued when the auditor concludes that the financial statements of an entity are materially misstated and do not present a true and fair view. A scope limitation would typically lead to a disclaimer of opinion, not an adverse opinion.

An Adverse Opinion Is Used When There Has Been a Material