Multiple Choice
When a question arises regarding the going-concern basis additional procedures may be necessary. Which of the following procedures is an example of a valid additional procedure?
A) consider the effect of unfilled customer orders.
B) review the terms of debenture and loan agreements
C) analyse the final financial statements.
D) all of the above.
Correct Answer:
Verified
Correct Answer:
Verified
Q34: The subsequent event that is an example
Q35: In regard to identifying and evaluating subsequent
Q36: Matters that would ordinarily be communicated to
Q37: Analytical procedures in the overall review should
Q38: After the auditor's report has been signed,
Q39: Professional standards require the auditor to communicate
Q40: Ordinarily, an event indicating a material condition
Q41: The manager's review of the working papers
Q43: If the auditor amends the financial statements
Q44: Analytical procedures are used in the overall