Multiple Choice
If the auditor concludes that there may be a going-concern problem with the client,the auditor should do which of the following?
A) issue a qualified opinion.
B) identify and assess management's plan to overcome the situation.
C) chart the negative trends as an addendum to the audit report.
D) increase fees to cover the probable exposure.
Correct Answer:
Verified
Correct Answer:
Verified
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