Question 3 If the auditor finds a total misstatement of $50 000 misstatement when sampling 20% of a population, what total error does this project to for 100% of the population? C. $250 000. A. $10 000. B. $100 000. D. Some other dollar amount. Question 7 The information gap is: C. the difference between what users believe is needed to make informed investment decisions and what is currently available to them. B. is the same as the expectations gap. D. the difference between what auditors need to issue a limited assurance report and what they need to issue a reasonable assurance report. A. the difference between what information the auditors know and what they should know when they complete the audit. B. is the same as the expectations gap. Question 8 Cassidy Ltd, a listed company, refuses to separately disclose directors' fees of $2.5 million on the basis that they believe they are quantitatively immaterial. Profit for the last year was $980 million. The auditor should issue a(n): A. adverse opinion. C. unmodified opinion with an Emphasis of Matter paragraph. B. qualified opinion. D. unmodified opinion.