Multiple Choice
When the auditor concludes that there is substantial doubt about the entity's ability to continue as a going concern for a reasonable period of time, and this fact is adequately disclosed in the notes to the financial statements, the auditor's report should express:
A) a qualified opinion due to the uncertainty.
B) an unqualified opinion, with a fourth (explanatory) paragraph.
C) the standard unqualified opinion.
D) a disclaimer of opinion.
E) an adverse opinion.
Correct Answer:
Verified
Correct Answer:
Verified
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