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A Client Has Capitalizable Leases but Refuses to Capitalize Them

Question 119

Multiple Choice

A client has capitalizable leases but refuses to capitalize them in the financial statements. Which of the following reporting options does an auditor have if the misstatements have a material and pervasive effect on the financial statements?


A) Qualified opinion.
B) Unqualified opinion.
C) Disclaimer of opinion.
D) Adverse opinion.

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