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June 2015 question 3

Former userFormer user6y ago

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KimKimTutor6y ago#1
You will find a summary matrix at the top of page 39 of the notes - "only" material means "only" except for.qualified. The extreme forms of opinion - adverse and disclaimer - concern matters that are PERVASIVE - as it says in the sentence above the table this means affecting the financial statements "AS A WHOLE" - so not just inventory.
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