Choice "A" is correct. A "disclaimer of opinion" must be issued when a CPA is "associated" with FS of a publicly held entity, but has not audited or (interim) reviewed such FS.
Choice "d" is incorrect. A "compilation report" refers to a report related to a non-public entity.
Choice "c" is incorrect. There is no such thing as an "unaudited association report."
Choice "b" is incorrect. The auditor did not audit the FS, so he/she cannot issue an opinion on them.
