Solved

SAS 59 Establishes Auditor Responsibility for Evaluating Whether There Is

Question 68

Multiple Choice

SAS 59 establishes auditor responsibility for evaluating whether there is any doubt about the entity's ability to continue as a going concern for a reasonable period of time. This reasonable period of time is defined as:


A) at least one year past the date of the statements under audit.
B) at least one year past the date of the audit report.
C) not to exceed two years past the date of the audit report.
D) not to exceed one year past the date of the statements under audit.
E) not to exceed one year past the date of the audit report.

Correct Answer:

verifed

Verified

Unlock this answer now
Get Access to more Verified Answers free of charge

Related Questions