An auditor concludes that a client’s noncompliance with laws and
regulations, which has a material effect on the financial statements,
has not been properly accounted for or disclosed. Because of the
materiality of the effect on the financial statements, the auditor
should express either a (an): (Points : 2)
Disclaimer of opinion or an unmodified opinion with a separate emphasis-of-matter paragraph.
Unmodified opinion with a separate emphasis-of-matter paragraph or a qualified opinion.
Qualified opinion or an adverse opinion.
Adverse opinion or a disclaimer of opinion.