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Which procedures to obtain an information about events

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Reference no: EM132804287

Problem 1: Which of the following procedures is most likely relevant to obtain an information about events or conditions that cast significant doubt on the entity's ability to continue as a going concern beyond the period assessed by management?

a. Inspection
b. Inquiry
c. Observing
d. Analysis

Problem 2: If the auditor believes that the entity will not be able to continue as a going concern and the financial statements are prepared on a going concern, the auditor's report should include

a. Unqualified opinion with emphasis of a matter paragraph
b. Adverse opinion
c. Qualified opinion
d. Disclaimer of opinion

Reference no: EM132804287

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