True/False
If the client has a going concern issue, then management must make a note disclosure about the circumstances, including any plans management may have to mitigate the situation.
Correct Answer:

Verified
Correct Answer:
Verified
Related Questions
Q68: Audit reports tend to be _.<br>A)very different,
Q69: Which of the following paragraphs is placed
Q70: An unmodified opinion is expressed by_.<br>A)the internal
Q71: Performing audit procedures after the end of
Q72: When reference is made to a component
Q74: Dual dating refers to when the auditor
Q75: In a financial statement audit, which level
Q76: What type of reports can an auditor
Q77: The group engagement partner _.<br>A)shares joint responsibility
Q78: An auditor issues a modified audit opinion