Which of the Following Representations Does an Auditor Make Explicitly $\begin{array}{ll}\text { Conformity with PCAOB Standards}&\text{Going Concern Status}\end{array}$

question 1

Multiple Choice

Which of the following representations does an auditor make explicitly and which implicitly when issuing a standard unqualified opinion on a public company's financial statements? $\begin{array}{ll}\text { Conformity with PCAOB Standards}&\text{Going Concern Status}\end{array}$
A- $\begin{array}{ll}\quad\quad\quad\quad\quad\text { Explicitly } &\quad\quad\quad\quad\quad\quad\quad \text { Explicitly } \\\end{array}$
B- $\begin{array}{ll}\quad\quad\quad\quad\quad\text { Implicitly } &\quad\quad\quad\quad\quad\quad\quad \text { Implicitly } \\\end{array}$
C- $\begin{array}{ll}\quad\quad\quad\quad\quad\text { Implicitly } &\quad\quad\quad\quad\quad\quad\quad \text { Explicitly } \\\end{array}$
D- $\begin{array}{ll}\quad\quad\quad\quad\quad\text { Explicitly } &\quad\quad\quad\quad\quad\quad\quad \text { Implicitly }\end{array}$

• A)Option A
• B)Option B
• C)Option C
• D)Option D

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A multinational technology conglomerate headquartered in the United States, specializing in networking hardware, software, and telecommunications equipment.