Which of the Following Audit Procedures Would the Auditor Use

question 89

Multiple Choice

Which of the following audit procedures would the auditor use to identify conditions that may indicate doubt that the company will continue as a going concern for a reasonable period of time?

• A)net liability positions
• B)positive operating cash flows
• C)inability to pay creditors on due dates
• D)change from cash-on-delivery to credit transactions with suppliers
• E)loss of key management with replacement
• F)both A and C
• G)both B and E
• H)both D and E

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Definitions:

Fat Cells

Cells in the body that store fat and are responsible for insulating the body and regulating metabolism.

Genetic Predisposition

The increased likelihood of developing a particular disease based on a person's genetic makeup.

Childhood Eating Patterns

The dietary habits and preferences that are established during early years of life, affecting health and nutritional status.

Metabolic Rate

The rate at which the body uses energy, crucial for processes like breathing, circulating blood, and cell growth.