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Independent Auditors Must Consider Whether the Entity Has the Ability

Question 68

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Independent auditors must consider whether the entity has the ability to continue as a going concern. If a substantial doubt exists but disclosure is adequate and no other basis exists for modifying the report, the auditors would normally


A) disclaim an opinion.
B) express an adverse opinion.
C) qualify the opinion.
D) express an unqualified opinion with an explanatory paragraph describing the going-concern uncertainty.

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