Which of the Following Is Correct Concerning a Public Company

Which of the following is correct concerning a public company audit report with a disclaimer of opinion?

A) It must include in a section on critical audit matters the circumstances that led to the disclaimer.
B) The title of the Opinion section will be changed to Basis for Disclaimer of Opinion.
C) It will ordinarily be issued in situations in which financial statements are materially and pervasively misstated.
D) The paragraph describing the reason for the disclaimer will follow the opinion paragraph and will not include a title.

Correct Answer:

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