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Going concern uncertainty under SA 570 - if material uncertainty exists but disclosure is adequate, the auditor:
AIncludes a "Material Uncertainty Related to Going Concern" section in the audit report and an unmodified opinion
BIssues adverse opinion
CDisclaims
DResigns
Answer & Solution
Correct answer: B. Issues adverse opinion
1. SA 570.22: if disclosure is adequate, unmodified opinion + dedicated section.
2. If disclosure is inadequate, qualified or adverse opinion.
3. No going concern basis at all → adverse opinion (SA 570.21).
_Source: ICAI BoS CA Final Paper 3, Ch 6 "Standards on Auditing and Professional Ethics"_
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