Management Notes

Reference Notes for Management

The inventory consists of about one per cent of all assets. The client has imposed restriction on auditor to prohibit observation of stock take. The auditor cannot apply alternate audit procedures.

The inventory consists of about one per cent of all assets. The client has imposed restriction on auditor to prohibit observation of stock take. The auditor cannot apply alternate audit procedures.

The inventory consists of about one per cent of all assets. The client has imposed restriction on auditor to prohibit observation of stock take. The auditor cannot apply alternate audit procedures.

 Options:

a) unqualified opinion
b) qualified opinion
c) disclaimer of opinion
d) adverse opinion

The Correct Answer Is:

a) unqualified opinion

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