An auditor has a responsibility to evaluate the going concern status of an audit client for (mathrm{a}(mathrm{an}))
Question:
An auditor has a responsibility to evaluate the going concern status of an audit client for \(\mathrm{a}(\mathrm{an})\)
a. Period of one year from the balance sheet date.
b. Period of one year from the date of the auditor's report.
c. Period of two years from the balance sheet date.
d. Indefinite period.
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The correct answer is b Period of one year from the date of the auditors ...View the full answer
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Related Book For 
Auditing An Assertions Approach
ISBN: 9780471134213
7th Edition
Authors: G. William Glezen, Donald H. Taylor
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