CIMA Exam CIMAPRA19-F01-1 Topic 6 Question 72 Discussion

Actual exam question for CIMA's CIMAPRA19-F01-1 exam

Question #: 72
Topic #: 6

The external auditors have completed their audit and have discovered a material but not pervasive error in the financial statements of JK.

The directors of JK have refused to change the financial statements.

What type of modified audit report should be issued?

ADisclaimer of opinion

BEmphasis of matter opinion

CAdverse opinion

DQualified opinion

Show Suggested Answer

Suggested Answer: C

by Tonette at Jul 26, 2023, 12:38 AM

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6 days ago

But the error is material, so I think an Adverse opinion is more appropriate.

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7 days ago

I disagree, I believe the correct answer is D) Qualified opinion.

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8 days ago

I think the answer is C) Adverse opinion.

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