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49 Which one of the following best describes the responsibilities of the auditor concerning the going concern assumption in the preparation of financial statements? tor

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49 Which one of the following best describes the responsibilities of the auditor concerning the going concern assumption in the preparation of financial statements? tor tion The auditor is responsible to give a guarantee in the audit report that the entity has the ability to continue as a going concem The auditor is responsible to make a specific assessment of the entity's ability to continue as a going concem The auditor is responsible is to obtain sufficient appropriate audit evidence regarding appropriate use of the going concern basis of accounting by management The auditor is responsible is to predict future events or conditions that may cause the entity to cease to continue as a going concern

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