Due to a scope limitation, an auditor disclaimed an opinion on the financial statements taken as a whole, but the auditor's report included a statement that the current asset portion of the entity's balance sheet was fairly stated. The inclusion of this statement is_________.
The correct answer to the following question will be "Not suitable, as it might appear to undermine the disclaimer of the viewpoint of the auditor".
Explanation:
Piecemeal opinions (viewpoints on portions of the financial reporting, where those parts form a large part of the legal assertions) aren't sufficient if the auditor has attempted to claim a decision or given an unfavorable opinion because they could outweigh the view of the auditor on either the financial reports viewed itself.
An opinion may be based on stated items that don't always represent an opinion of piecemeal, but it shouldn't include the warning as well as the undesirable opinion.
