If the auditor is not able to obtain sufficient appropriate audit evidence,the appropriate audit opinion will either be:
A)a qualified opinion or disclaimer of opinion.
B)a qualified opinion or an unqualified opinion.
C)a disclaimer of opinion or an emphasis of matter.
D)an emphasis of matter or a qualified opinion.

Question

Quizplus · Accepted Answer

If the auditor is not able to obtain sufficient appropriate audit evidence, they will either issue a qualified opinion (when there is a material misstatement but not pervasive to the financial statements as a whole) or a disclaimer of opinion (when there is a pervasive effect on the financial statements, or the auditor is unable to obtain enough evidence to form an opinion). An unqualified opinion is only issued when there are no material misstatements in the financial statements. An emphasis of matter is not an alternative to an opinion; it is used to draw attention to a matter that is appropriately presented or disclosed in the financial statements but is of such importance that it is fundamental to users' understanding of the financial statements.

If the Auditor Is Not Able to Obtain Sufficient Appropriate