please explain the answer

sponse. Question 2 Questi What should auditors do if there are risk factors that indicate that the going concern assumption is at risk (give an example)? 8 points - E-T Paragraph Arial * DOQO O fx Mashups T 66 @ @ 3 (12pt) T' T, 2 25 MTML CSS For each of the following indicate if there is a threat to independence. If so, state the threat and a possblesafeguard 12 points 1-) Leslie Jacko has been auditing Joe's Pool and Spa Limited for many years. Joe's Pool and Spa Limited has been experiencing francia ficuties and has not been able to pay ts audit fees for the last three years. Joo's now owes Lesle Jacko $50,000 insurance fes marks) II-) Peter Razo has three review engagements. One of the review engagements is done for Hugo's Meatshop Lid which is 80% owned by Peter's father-in-law, Igor Sloviog. The remaining 20% of the Meatshop is owned by Igor's four children. 16 marks)