In which situation would the auditor be choosing between "except for" qualified opinion and an adverse opinion?
A) The auditor lacks independence.
B) A client-imposed scope limitation
C) A circumstance-imposed scope limitation
D) Lack of full disclosure within the footnotes

Question

Quizplus · Accepted Answer

A lack of full disclosure within the footnotes can lead to either a qualified opinion if the issue is not pervasive or an adverse opinion if the issue is pervasive and materially affects the financial statements.

In Which Situation Would the Auditor Be Choosing Between "Except