An auditor should consider which of the following when evaluating the ability of a company to continue as a going concern?

Audit fees

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Management's plans for disposal of assets.

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A lawsuit for which judgment is not anticipated for

18

months.

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Solution

The correct option is D Management's plans for disposal of assets.
An auditor should consider Management's plans for the disposal of assets when evaluating the ability of a company to continue as a going concern.
Goin Concern Concept states that the business will not stop in near future.

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An auditor should consider which of the following when evaluating the ability of a company to continue as a going concern?

The correct option is D Management's plans for disposal of assets.An auditor should consider Management's plans for the disposal of assets when evaluating the ability of a company to continue as a going concern.Goin Concern Concept states that the business will not stop in near future.

The correct option is D Management's plans for disposal of assets.
An auditor should consider Management's plans for the disposal of assets when evaluating the ability of a company to continue as a going concern.
Goin Concern Concept states that the business will not stop in near future.