Question: Answer 2 questions correctly The auditors conclude that there is substantial doubt about an entity's ability to continue as a going concern for a reasonable

Answer 2 questions correctly

Answer 2 questions correctly The auditors conclude that there is substantial doubt

The auditors conclude that there is substantial doubt about an entity's ability to continue as a going concern for a reasonable period of time. If the entity's financial statements adequately disclose its financial difficulties, the auditors' report is required to include an additional section that refers to a disclosure in the financial statements that references Multiple Choice Option C Option a Option d Option b A material weakness in ICFR is a situation in which Multiple Choice It is probable that an immaterial financial statement misstatement would not be detected on a timely basis. It is reasonably possible that an immaterial misstatement would not be detected on a timely basis. There is a remote likelihood that a material misstatement would be detected on a timely basis. It is reasonably possible that a material misstatement would not be detected on a timely basis

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