Question: Max and Sandra have been Eaked by their supervisor with auding the going concrm angmption of one of their largest audit clients. As this is

Max and Sandra have been Eaked by their supervisor with auding the going concrm angmption of one of their largest audit clients. As this is the pairs frst time auding this ansumption, they aporoach you for some suguestions on way to audit this antumption. Which of the following represents a viable way the pair could acdit this asourcetion?The pair could comider looking at key liouidity and solvency ratios as mell as minim minues el board of directors meetings for any evidence that a going concern insue may be present.corrent year's sudit file.Max and Sandra should think about contacting the clients legal coursel independently of the client and repuesting any and all indormation that nould pertain to this assumption.

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