When a Client Has a Going Concern Issue, _______

question 64

Multiple Choice

When a client has a going concern issue, _______.

• A)AU-C 570 The Auditor's Consideration of an Entity's Ability to Continue as a Going Concern requires an emphasis-of-matter paragraph be added to the unmodified report, after the opinion paragraph
• B)AU-C 570 The Auditor's Consideration of an Entity's Ability to Continue as a Going Concern requires an emphasis-of-matter paragraph be added to the unmodified report, before the opinion paragraph
• C)the auditor must notify the Securities and Exchange Commission (SEC) within ten business days
• D)the auditor should recommend a potential acquirer

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Definitions:

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A company specializing in the production and supply of military weapons, ammunition, and related equipment.

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The study of principled reasoning, identifying valid arguments and correct inferences.

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Having a strong willingness or enthusiasm to do something, often driven by internal desires or external incentives.