If Substantial Doubt Remains About Going Concern for a Client

question 29

Multiple Choice

If substantial doubt remains about going concern for a client at the end of the audit,then which of the following reports should the auditor typically issue?

• A)Issue an unqualified audit report.
• B)Issue an unqualified audit report with an explanatory paragraph.
• C)Issue a qualified report.
• D)Issue an adverse report.

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Definitions:

Mental Health Assessment

A comprehensive evaluation of an individual's mental health, including emotional, psychological, and social well-being.

Emergency Department

The section of a hospital that provides immediate medical care for acute illnesses and traumatic injuries.

Mental Status

A comprehensive assessment of a person's level of cognitive functioning, including awareness, orientation, memory, and other aspects of brain function.

Advanced Practice Nurse

A registered nurse with advanced education and training, able to perform tasks beyond the scope of a regular RN, including diagnosis and treatment.