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NEW QUESTION: 1
This question presents independent factual situations an auditor might encounter in conducting an audit.
List A represents the types of opinions the auditor ordinarily would issue. Select as the best answer for this
item, the action the auditor normally would take. The types of opinions in List A may be selected once,
more than once, or not at all.
Assume:
- The auditor is independent.
- The auditor previously expressed an unqualified opinion on the prior year's financial statements.
- Only single-year (not comparative) statements are presented for the current year.
- The conditions for an unqualified opinion exist unless contradicted in the factual situations.
-. The conditions stated in the factual situations are material.
- No report modifications are to be made except in response to the factual situation.
Item to Be Answered
A principal auditor decides to take responsibility for the work of another CPA who audited a wholly-owned
subsidiary of the entity and issued an unqualified opinion. The total assets and revenues of the subsidiary
represent 17% and 18%, respectively, of the total assets and revenues of the entity being audited.
List A
Types of Options
A. A disclaimer of opinion.
B. An unqualified opinion.
C. Either a disclaimer of opinion or an "except for" qualified opinion.
D. Either an adverse opinion or a disclaimer of opinion.
E. An adverse opinion.
F. Either an "except for" qualified opinion or an adverse opinion.
G. An "except for" qualified opinion.
Answer: B
Explanation:
Explanation/Reference:
Explanation:
Choice "B" is the correct opinion. An unqualified opinion should be issued.

NEW QUESTION: 2
In order to understand and answer a learner's question, an effective active listening technique would be to: (Select TWO).
A. Ask the learner if the question was answered.
B. Answer the question immediately.
C. Quiz the learner on the material.
D. Repeat the question back to the learner.
E. Refer the question to another learner.
Answer: A,D

NEW QUESTION: 3
You plan to deploy Microsoft SharePoint Online. Your company has three users named User1, User2, and User3. The company identifies the following requirements for term store management:
User1 must be able to create new term set groups and assign users the Group Managers role.
User2 must be able to create new terms in term sets and assign other users the right to modify the terms in term sets.
User3 must be able to create new terms in specific term sets. You need to identify which permission must be assigned to which user to meet the term store requirements. Which permissions should you identify? To answer, drag the appropriate user to the correct permission in the answer area
Select and Place:

Answer:
Explanation: