If an auditor has substantial doubt as to an entity's ability to continue as a going concern,

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If an auditor has substantial doubt as to an entity's ability to continue as a going concern, he or she should

a. Discontinue the audit.

b. Consider management's plans for generating additional cash flow.

c. Perform additional audit work on long term assets.

d. Contact legal counsel.

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Auditing An Assertions Approach

ISBN: 9780471134213

7th Edition

Authors: G. William Glezen, Donald H. Taylor

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Question Posted: May 08, 2024 01:31 AM

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If an auditor has substantial doubt as to an entity's ability to continue as a going concern,

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Auditing An Assertions Approach

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