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Auditing Standards Require Auditors to Evaluate Whether There Is a Substantial

Question 106

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Auditing standards require auditors to evaluate whether there is a substantial doubt about a client's ability to continue as a going concern.One of the most important audit procedures to perform to assess the going concern question is:


A) analytical procedures.
B) confirmations from creditors.
C) statistical sampling procedures.
D) inquiries of client and its legal counsel.

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