1. which of the following is least likely to result in, Ask an Expert

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1. Which of the following is least likely to result in explanatory language being added to an unqualified auditor's report on the financial statements of a client that sells jewelry through a retail store?

A. A decision by the auditor to emphasize that the client is a part of a larger organization.

B. Reliance placed upon a specialist to evaluate the diamonds.

C. A change from FIFO to specific identification accounting for inventory.

D. A problem as to whether the client will be able to remain a going concern.

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Accounting Basics, Accounting

Category:- Accounting Basics
Reference No.:- M958217

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