Which of the following procedures most likely would assist an auditor in identifying conditions and events that may indicate substantial doubt about an entity's ability to continue as a going concern?

Select one:

a. Performing cutoff tests of sales transactions with customers with long-standing receivable balances.

b.

Inspecting title documents to verify whether any real property is pledged as collateral.

c.

Inquiring of the entity's legal counsel about litigation, claims, and assessments.

d.

Evaluating the entity's procedures for identifying and recording related party transactions.