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Why Is the Auditor Concerned About the Appropriateness of the Going

Question 2

Multiple Choice

Why is the auditor concerned about the appropriateness of the going concern assumption?


A) It may motivate management to misstate the financial report.
B) The auditor needs to audit the solvency statement in the directors' declaration
C) It may affect the appropriateness of the financial report.
D) All of the given answers are correct.

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