When the financial statements are fairly stated but the auditor concludes there is substantial doubt whether the

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When the financial statements are fairly stated but the auditor concludes there is substantial doubt whether the client can continue in existence, the auditor should issue a(n)

(1) Adverse opinion.

(2) Qualified opinion only.

(3) Unmodified opinion.

(4) Unmodified opinion with a significant uncertainty regarding going-concern paragraph.

The following questions concern audit reports other than unmodified audit reports with standard wording. Choose the best response.

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Auditing The Art And Science Of Assurance Engagements

ISBN: 9780136692089

15th Canadian Edition

Authors: Alvin A. Arens, Randal J. Elder, Mark S. Beasley, Chris E. Hogan, Joanne C. Jones

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Question Posted: Jul 18, 2022 04:43 AM

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When the financial statements are fairly stated but the auditor concludes there is substantial doubt whether the

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Solution The answer is 3Unmodified opinion When the auditor concludes there is ...View the full answer

Auditing The Art And Science Of Assurance Engagements

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