27.When the auditor issues a qualified opinion due to a GAAP departure, the report should: a.express the qualified opinion in the opinion paragraph.b.include an explanatory paragraph following the opinion paragraph.c.give the details of the departure in the introductory paragraph.d.make no reference to any explanatory paragraph in the opinion paragraph.e.disclose in the scope paragraph the principal effects on financial position. 28.The use of the term “because of” in the auditor's report is an indication of a(n): 29.For an accounting change to be in accordance with GAAP, all of the following are required except for: 30.When a change in accounting principles is made in conformity with GAAP, the audit report should not contain a(n): 31.When a change in accounting principles is not made in conformity with GAAP, the audit report should contain either a(n): a.qualified opinion or an adverse opinion.b.qualified opinion or a disclaimer of opinion.c.unqualified opinion or a disclaimer of opinion.d.adverse opinion or a disclaimer of opinion.e.unqualified opinion or an adverse opinion. 32.Which of the following is a recognized exception to the rule on inadequate disclosure in 8
the financial statements?
- Fall '13