AUDITING RMU
AUDITING RMU
11th Edition
ISBN: 9781260934830
Author: MESSIER
Publisher: MCGRAW-HILL HIGHER EDUCATION
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Chapter 17, Problem 17.18MCQ
To determine

Concept Introduction:

Going concern is one of the assumptions of the financial statement. According to this assumption, the entity is expected to run its business for the foreseeable future. Hence the financial statements are prepared assuming that the business will run at least for the next financial statement.

To choose: The procedure that can help the auditor to check the going concern assumption.

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