Question: 8. When can an auditor issue a qualified opinion when there is a substantial going concern issue? When the going concern effects will be negative

8. When can an auditor issue a qualified opinion when there is a substantial going concern issue? When the going concern effects will be negative When the going concern is not disclosed When management has no plans to delay future expenses When the losses appear to be irreversible 9. What should the auditor do when faced with a material departure from GAAP on the financial statements? Issue an adverse opinion Issue a disclaimer of opinion Issue an unmodified opinion with a basis for modification paragraph Withdraw from the engagement

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