Auditing and EthicsMCQQuestion 6235 of 213

6. In case of difference of opinion between the joint auditors, what course of action can M/s. KRISH & Co. take while issuing the audit report?

Select Your Answer (Keyboard: A, B, C, D)

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Correct Answer

✅ Option A — They will have to agree with the opinion formed by the majority of auditors.

All Options:

AThey will have to agree with the opinion formed by the majority of auditors. ✓
BThey will have to agree with the opinion formed by the majority auditors, but they can mention their view in the Emphasis of Matter Paragraph.
CThey can add a separate audit opinion paragraph in the common audit report.
DThey can issue a separate audit report and the audit reports issued by the joint auditors shall make a reference to each other's audit report.

Detailed Solution & Explanation

Correct Answer: Option **A** Explanation: As per the official suggested answer, option **A** is correct. Hence, **Option A** is the correct answer.

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