Which One of the Following Would the Auditor Consider to Be

question 13

Multiple Choice

Which one of the following would the auditor consider to be an indication of a potential going-concern problem?

• A)Loss of the controller to a competitor.
• B)Improper reporting of internal controls by management.
• C)Adverse key financial ratios.
• D)Large increase to sales in the month previous to year-end.

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Definitions:

Holter Monitor

An electrocardiography device that includes a microchip or a small cassette recorder worn around a patient’s waist or on a shoulder strap to record the heart’s electrical activity.

Patient's Instructions

Guidelines provided by healthcare professionals to patients about how to care for themselves, manage their condition, or take their medications.

Activities

Tasks or actions that individuals engage in, which can range from physical or mental efforts done for various purposes including recreation, employment, or health.

Repolarize

Refers to the process of restoring the electrical potential in a cell membrane to its resting state after depolarization.