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In the auditor's judgement, management's use of going concern basis of accounting is appropriate, but material uncertainty has not been adequately disclosed in a note

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In the auditor's judgement, management's use of going concern basis of accounting is appropriate, but material uncertainty has not been adequately disclosed in a note to the financial statements What form of auditor's report should be issued? Oa. A qualified opinion on the basis of material misstatement Ob A qualified opinion on the basis of insufficient audit evidence Oc. An unqualified opinion with a "Material uncertainty relating to going concern section Od. Adverse opinion (2 points) Not Yet Answered Time remaining 43:42 Which of the following statements about the nature and extent of tests of controls are true? 1) Inquiry alone is not sufficient to test the operating effectiveness of control 2) the auditor must perform tests of controls if substantive procedures alone cannot provide sufficient appropriate audit evidence On 2 only b 1 only Oc Both 1 and 2 Od. Neither 1 nor 2 (2 points)

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