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------------------------------------------------------------------Question 3
The following are the most important causes of the addition of an explanatory pa
ragraph or modification in the wording of a standard unqualified report.
Correct: All of the above
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An auditor that modifies its report because of concerns that the company may not
be able to pay its obligations as they came due is concerned about:
Correct: Going concern
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------------------------------------------------------------------Question 6
Which of the following correctly states the correct opinion that would be issued
based on the level of materiality of a misstatement?
Correct: Material-Qualified
------------------------------------------------------------------Question 7
Rule 203 of the Code of Professional Conduct allows a departure from GAAP when:
Correct: They would result in misleading financial statements
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------------------------------------------------------------------Question 10