Question: If an audit report includes a going - concern explanatory paragraph that can negatively impact a company by becoming a self - fulfilling prophecy in
If an audit report includes a goingconcern explanatory paragraph that can negatively impact a company by becoming a selffulfilling prophecy in that the goingconcern disclosure casts such doubt about the company that stakeholders eg creditors and customers no longer engage in transactions with the client.
True
False
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