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If Auditors Identify Risk Factors That Indicate That the Going

Question 24

Multiple Choice

If auditors identify risk factors that indicate that the going concern assumption is in doubt, they will


A) undertake procedures to gather evidence regarding each risk factor.
B) refuse to continue as the auditor of their client.
C) report the client to the Canada Revenue Agency.
D) reduce the extent of further audit testing that they undertake.

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