An Independent Auditor Must Consider Whether the Auditee Has the Ability

question 10

Multiple Choice

An independent auditor must consider whether the auditee has the ability to continue as a going concern.If a substantial doubt exists but disclosure is adequate and no other basis exists for modifying the report,the auditor should ________.

• A)disclaim an opinion.
• B)express an adverse opinion.
• C)qualify the opinion.
• D)express an unqualified opinion.

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Definitions:

Adolescents

The transitional stage of human development that occurs between childhood and adulthood, usually considered to start with puberty.

Electroconvulsive Therapy

Electroconvulsive therapy is a medical treatment most commonly used for severe depression, involving the induction of a controlled seizure in the patient through electrical currents.

Severe Depression

A major depressive disorder characterized by intense and persistent feelings of sadness, hopelessness, and a lack of interest or pleasure in most activities.

Bipolar Disorder

A mental condition marked by extreme mood swings, including periods of mania and depression.