104 Alternative procedures performed as Chestnut & Co were unable to attend the inventory count were unable to provide sufficient appropriate audit evidence regarding the inventory balance in the statement of financial position. Which of the following options correctly summarises the impact of the inventory issue on the auditor’s report?
A.
Audit opinion: Qualified Disclosure in the auditor’s report: Basis for qualified opinion
B.
Audit opinion: Disclaimer Disclosure in the auditor’s report: Basis for disclaimer of opinion
C.
Audit opinion: Qualified Disclosure in the auditor’s report: Key audit matters section
D.
Audit opinion: Disclaimer Disclosure in the auditor’s report: Emphasis of matter