If Substantial Doubt Exists About the Entity's Ability to Continue

question 98

Short Answer

If substantial doubt exists about the entity's ability to continue as a going concern,auditors should ensure that appropriate disclosures are provided in the financial statements and modify their on the entity's financial statements.

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Definitions:

Authoritarian

Characterized by strict obedience to authority at the expense of personal freedom; often related to governance or parenting styles.

Play in The Street

Engaging in recreational activities or games in a roadway, often seen in residential areas with limited traffic.

Spanking

A form of discipline that involves striking the buttocks of another person to cause physical pain, often used as punishment for children.

Permissive

A parental approach that features minimal expectations paired with a high level of attentiveness.