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please respond to the following prompts related to an auditor's responsibilities when assessing going concerns: Propose a unique scenario in which an auditor would assess
please respond to the following prompts related to an auditor's responsibilities when assessing going concerns:
- Propose a unique scenario in which an auditor would assess a company's ability to continue as a going concern.
- Identify what the auditor's potential conclusions may be. Identify any associated responsibilities to report or communicate with the audit committee.
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