hard20 pts · first answer countsgoing-concernaudit-reporting

Going concern uncertainty not disclosed

A material uncertainty about going concern exists, but management refuses to disclose it adequately in the financial statements. What opinion results?

A.Unmodified, with a Material Uncertainty Related to Going Concern sectionB.Always a disclaimer of opinionC.A qualified or adverse opinion, depending on how pervasive the effect isD.Unmodified, with an emphasis of matter only

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Going concern uncertainty not disclosed

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