1 Question 1: multiple-choice questions. Choose one answer and provide an explanation including supporting regulation if there is any. (12 marks) 1. The auditor must consider whether it is appropriate to assume that the client will remain as a going concern: a. if there are mitigating circumstances. b. only if the client is listed on a stock exchange. c. because going concern means the client is facing bankruptcy. d. because this question affects the appropriate basis for valuing assets. 2. If an auditor finds any misstatements or deviations in planned procedures: a. the auditor should not revise the risk assessment. Click Save and Submit to save and submit. Click Save All Answers to save all answers