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Accounting

Auditors found that the entity has not capitalized a material amount of leases in the financial statements. When considering the materiality of this departure from GAAP, the auditors would choose between which reporting options?

A) Unqualified opinion or disclaimer of opinion.

B) Unqualified opinion or qualified opinion.

C) Emphasis paragraph with unqualified opinion or an adverse opinion.

D) Qualified opinion or adverse opinion.

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Accounting Basics, Accounting

Category:- Accounting Basics
Reference No.:- M965216

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