Which of the following is not an indicator about material uncertainty over the entity's ability to continue as a going concern? O a. Cancellation of company's production license due to change on government policies. O b. Substantial operating losses or significant deterioration in the value of assets used to generate cash flows O C. Net liability or net current liability position. O d. Non-declaration of dividend to equity shareholders.

Which of the following is not an indicator about material uncertainty over the entity's ability to continue as a going concern? O a. Cancellation of company's production license due to change on government policies. O b. Substantial operating losses or significant deterioration in the value of assets used to generate cash flows O C. Net liability or net current liability position. O d. Non-declaration of dividend to equity shareholders.

Name: Which of the following is not an indicator about material uncertainty
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Description: Which of the following is not an indicator about material uncertainty over the entity's ability to continue as a going concern?O a. Cancellation of company's production license due to change on government policies.O b. Substantial operating losses o

Auditing: A Risk Based-Approach (MindTap Course List)

11th Edition

ISBN:9781337619455

Author:Karla M Johnstone, Audrey A. Gramling, Larry E. Rittenberg

Publisher:Karla M Johnstone, Audrey A. Gramling, Larry E. Rittenberg

Chapter12: Auditing Long-lived Assets And Merger And Acquisition Activity

Section: Chapter Questions

Problem 36CYBK

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