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Accounting

Wolfe became the new auditor for Royal Corporation, succeeding Mason, who audited the financial statements last year. Wolfe needs to report on Royal's comparative financial statements and should disclose in his report an explanation about other auditors having audited the prior year

A) Only if Mason's opinion last year was qualified

B) Describing the prior audit and the opinion but not naming Mason as the predecessor auditor.

C) Describing the audit but not revealing the type of opinion Mason Gave.

D) Describing the audit and the opinion and naming Mason as the predecessor auditor.

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Financial Accounting, Accounting

Category:- Financial Accounting
Reference No.:- M9415736

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