The following is an independent and material situation: An auditor is engaged to audit a...
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Accounting
The following is an independent and material situation: An auditor is engaged to audit a clients financial report after the annual physical inventory count. The accounting records are not sufficiently reliable to enable the auditor to become satisfied as to the year-end inventory balances.
Required: Indicate the appropriate type of audit opinion you would issue and justify your decision for issuing that particular audit opinion (40 words).
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