For the report containing a disclaimer for lack of independence, the disclaimer is in the:
A) third or opinion paragraph.
B) second or scope paragraph.
C) first and only paragraph.
D) fourth or explanatory paragraph.

Question

Quizplus · Accepted Answer

A disclaimer for lack of independence is typically presented in a single paragraph, which serves as the entire report, indicating that the auditor does not express an opinion due to lack of independence.

For the Report Containing a Disclaimer for Lack of Independence