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When There Is a Material Inconsistency Between the Financial Report

Question 56

Multiple Choice

When there is a material inconsistency between the financial report and other information in the annual report, and the client refuses to change the information, the auditor should:


A) do nothing as the audit opinion is confined to the financial report.
B) include an emphasis of matter section in the audit report.
C) advise ASIC and the ASX.
D) issue a qualified opinion.

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