Which of the Following Factors Is Not Relevant When Management

question 12

Multiple Choice

Which of the following factors is not relevant when management is assessing the going concern assumption?

• A) Whether the auditor specialises in the client's industry
• B) The time into the future that an event is likely to take place
• C) The nature and condition of the entity's business
• D) The size and complexity of the entity

---

Definitions:

Deindividuation

A psychological state in which an individual adopts a group identity, losing personal responsibility and inhibitions, often leading to impulsive and deviant behavior.

Abhorring

A feeling of repulsion or strong dislike towards something.

Mood Linkage

The phenomenon where individuals tend to share and synchronize their emotional states with others.

Informational Social Influence

The influence to accept information from others as evidence about reality, often leading to conformity.