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:

Glucosamine

A compound naturally found in cartilage and used as a dietary supplement to support joint health and relieve symptoms of osteoarthritis.

Clean Catch

A method of collecting a urine sample where the genital area is cleaned, then a midstream urine sample is collected to minimize contamination.

Urine Specimen

A sample of urine collected for the purpose of medical testing to diagnose or monitor health conditions or diseases.

Midstream

Pertaining to the urine sample collection method where the initial flow of urine is not collected, but the middle portion is captured for testing, to minimize contamination.