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When management prepares financial statements on the basis of a going concern and the auditor believes the company may not continue as a going concern,
When management prepares financial statements on the basis of a going concern and the auditor believes the company may not continue as a going concern, the auditor should issue: A. A qualified opinion B. An unqualified opinion with an explanatory paragraph C. A disclaimer of opinion D.An adverse opinion QUESTION 19 Which of the following is not a goal of the tax law? A. Encouraging certain social goals such as contributions to charity B. Encouraging certain economic goals such as a thriving business community C. Encouraging smaller families D. Raising revenue to operate the government E. None of these is a goal of the tax law QUESTION 20 Which of the following forms may be filed by individual taxpayers? A. Form 1040 B. Form 1041 C. Form 1065 OD. Form 11 20 E. None of these is correct QUESTION 21 William is a divorced taxpayer who provides a home for his dependent child, Edward. What filing status should William indicate on his tax return? A. Head of household B. Married, filing separately C. Single D. Qualifying widow(er) E. None of these is correct
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