Which of the following scenarios does not result in a qualified opinion?
A) A scope limitation prevents the auditor from completing an important audit procedure.
B) The auditor's report refers to the work of a specialist.
C) The auditor lacks independence with respect to the audited entity.
D) An accounting principle at variance with GAAP is used.

Question

Quizplus · Accepted Answer

Lack of independence results in either a disclaimer of opinion or a resignation from the audit engagement rather than a qualified opinion. A scope limitation, reference to the work of a specialist, or a GAAP departure can result in a qualified opinion.

Which of the Following Scenarios Does Not Result in a Qualified