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v> During the external audit of Percaya Sdn Bhd your firm has concluded that there is a material uncertainty over whether Percaya Sdn Bhd is

v> During the external audit of Percaya Sdn Bhd your firm has concluded that

there is a material uncertainty over whether Percaya Sdn Bhd is going

concern.

Required:

State with reason, the implications on the auditor's report of Percaya Sdn Bhd

of adequate and inadequate going concern disclosure. (5 marks)

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