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1. The auditor must consider whether it is appropriate to assume that the client will remain as a going concern: a. if there are
1. The auditor must consider whether it is appropriate to assume that the client will remain as a going concern: a. if there are mitigating circumstances. b. only if the client is listed on a stock exchange. c. because going concern means the client is facing bankruptcy. d. because this question affects the appropriate basis for valuing assets.
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Horngrens Accounting
Authors: Tracie L. Miller Nobles, Brenda L. Mattison, Ella Mae Matsumura
10th edition
133117413, 978-0133129519, 133129519, 978-0133129557, 133129551, 978-0133117561, 133117561, 978-0133117417
