Question $2[10$ marks$]2\mathrm{.}1$ Define going concern and state two situations in which it should NOT be applied in the preparation of financial statements. $(3$marks$)2\mathrm{.}2$ Explain the directors and the auditors responsibilities regarding financial statements prepared on the going concern principle. $(2$marks$).2\mathrm{.}3.$ List the audit procedures that should be carried out to determine whether or not the going concern basis is appropriate for a client $[3$ marks$]$