Which of the following situations would not result in auditors adding an explanatory paragraph without modifying the remainder of the report?
A) Reference to a change in the method of accounting mandated by the issuance of a new accounting standard.
B) Reference to a going-concern uncertainty facing the entity.
C) Reference to a departure from GAAP that is material, but not pervasive, to the financial statements.
D) Reference to an acquisition made by the entity during the most recent fiscal year.
Correct Answer:
Verified
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