Which of the following conditions or events are most likely to cause an auditor to have substantial

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Which of the following conditions or events are most likely to cause an auditor to have substantial doubt about an entity’s ability to continue as a going concern?

(A) Cash flows from operating activities are negative.

(B) Research and development projects are postponed.

(C) Significant related-party transactions are pervasive.

(D) Stock dividends replace annual cash dividends.

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Principles Of Auditing An Introduction To International Standards On Auditing

ISBN: 9780273684107

2nd Edition

Authors: Rick Stephan Hayes, Roger Dassen, Arnold Schilder, Philip Wallage

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