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Restrictions Imposed by a Client Prohibit the Observation of Physical

Question 969

Multiple Choice

Restrictions imposed by a client prohibit the observation of physical inventories, which account for 35% of all assets. Alternative audit procedures cannot be applied, although the auditor was able to examine satisfactory evidence for all other items in the financial statements. The auditor should issue a(an) :


A) "Except for" qualified opinion.
B) Disclaimer of opinion.
C) Unqualified opinion with a separate explanatory paragraph.
D) Unqualified opinion with an Explanation: in the scope paragraph. Unqualified opinion with an Explanation: in the scope paragraph.

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