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(n)

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(n)


a. Qualified opinion.
b. Unqualified opinion with an explanatory paragraph.
c. Disclaimer of opinion.
d. Adverse opinion.









Answer: B


Learn More :