Q:

Tech Company has disclosed an uncertainty due to pending litigation. The auditor\'s decision to issue a qualified opinion on Tech\'s financial statements would most likely result :

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Tech Company has disclosed an uncertainty due to pending litigation. The auditor\'s decision to issue a qualified opinion on Tech\'s financial statements would most likely result :


  1. A lack of sufficient evidence.
  2. An inability to estimate the amount of loss.
  3. The entity\'s lack of experience with such litigation.
  4. A lack of insurance coverage for possible losses from such litigation

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