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When an auditor issues an audit report referring to a material uncertainty , this indicates that: The auditor was unable to apply audit procedures sufficient
When an auditor issues an audit report referring to a material uncertainty, this indicates that: |
The auditor was unable to apply audit procedures sufficient to resolve the uncertainty |
The client is likely to experience going concern problems |
The uncertainty arose during the subsequent events period |
The auditor wasnt able to form an opinion on the financial report as a whole |
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