[Boate]

Becker Question –

Hi guys so I’ve run into a MCQ that I believe has two correct answers:

When single-year financial statements are presented, an auditor ordinarily would express an unmodified opinion if the:

a. Entity declines to present a statement of cash flows with its balance sheet and related statements of income and retained earnings.

b. Prior year’s financial statements were audited by another CPA whose report, which expressed an unmodified opinion, is not presented.

c. Auditor wishes to emphasize an accounting matter affecting the comparability of the financial statements with those of the prior year.

d. Auditor is unable to obtain audited financial statements supporting the entity’s investment in a foreign affiliate.

I know the correct answer is B. but wouldn’t C also work. You can still issue an unmodified opinion with an EOMP.

Is this one of those “pick the best answer” type questions or is there a real explanation?

AUD: (65)(66) 77
REG: (66) (48) destroyed me mentally.....
FAR: (68) (66)(69)(71)
BEC: (63) 75

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