A report qualified due to a GAAP departure results when the auditor ...

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Accounting

A report qualified due to a GAAP departure results when the auditor
has concluded that the
financial statements are correctly stated.
financial statements are not correctly stated.
The only circumstance in which a qualified opinion for a GAAP departure is appropriate is for
immaterial
material, but not highly material,
material, highly material,
departures from
GAAP.
GAAS.
ISA.

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