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You are auditing Deep Clean Services for the first time. Deep Clean has been in business for several years but over the last two years has struggled to stay afloat given the economic conditions. Based on your audit work, you have substantial doubt that Deep Clean will be in business by the end of its next fiscal year. Given condition is " Substantial Doubt about the going concern"
Question 1) What is the Material Level? Choose from the following
a. High material
b. High material or material
c. Immaterial
d. 4) Material
e. Not applicable
Question 2) What is the Additional Information? Choose from the following
a. Amount of loss
b. Auditor's judgement
c. Client imposed limit
d. Size materiality
Question 3) What is the auditing report? Choose from the following
a. Qualified
b. Unqualified
c. Disclaimer
d. Adverse
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