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Question 1: When questions arise on the appropriateness of the going concern assumption made by
management and the existence of material misstatements which was not adequately disclosed in the
financial statements would lead to auditor's-
A. Qualified opinion
B. Unmodified opinion
C. Disclaimer of opinion
D. Unmodified opinion (but have to include an emphasis of matter paragraph in the auditor's report)
Correct Answer: A
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