An Auditor's Consideration of the Going Concern Assumption Does Not

question 56

Multiple Choice

An auditor's consideration of the going concern assumption does not include considering

• A) knowledge of conditions and events obtained during planning and performing the audit.
• B) any material uncertainties about the entity's ability to meet obligations as they fall due.
• C) changes in the industry in which the entity operates which could affect future operations.
• D) the auditor's final assessment of audit risk.

---

Definitions:

Virtual Memory

A memory management capability of an operating system that uses hardware and software to allow a computer to compensate for physical memory shortages, temporarily transferring data from RAM to disk storage.

RAM Modules

Physical hardware components where Random Access Memory (RAM) is stored, allowing computers to access data quickly for active processes.

Desktop Computer

A personal or professional computing device designed to fit on a desk, typically consisting of a monitor, keyboard, mouse, and tower or integrated case.

Video Content

Refers to the visual media created and distributed in digital formats, such as movies, TV shows, or any clip viewed online.