alleryStart learning →Opinion shopping means an auditee picks auditors based on what?
ATheir office location
BThe opinion they will give
CTheir years of practice
DTheir language skills
Answer & Solution
Correct answer: B. The opinion they will give
Opinion shopping is contracting or rejecting auditors according to the opinion they will give.
Keep practising Auditor's Report on Financial Statements
Browse all Auditor's Report on Financial Statements questions for CA Final, or explore more Auditing topics.
Related questions
CARO 2020 clause 3(xvi) covers registration under section 45-IA of which Act?CARO 2020 clause 3(xxi) asks about qualifications in whose CARO reports?Under CARO 2020 clause 3(xx)(b), unspent CSR for an ongoing project goes where under s.135CARO 2020 clause 3(xix) is about the auditor's opinion on what?CARO 2020 clause 3(xvii) asks about cash losses in how many financial years?CARO 2020 clause 3(xv) on non-cash transactions with directors relates to which section?CARO 2020 clause 3(xiv)(a) asks whether the company has what?CARO 2020 clause 3(xiii) checks related party transactions against which sections?