💰 CPA Exam Prep

Going concern evaluation requires the auditor to assess whether:

A The company will grow
B There is substantial doubt about the entitys ability to continue as a going concern for 12 months
C The company will pay dividends
D The stock price will increase

✓ Correct Answer: Option B

Auditors evaluate whether substantial doubt exists about the entity continuing operations for at least 12 months beyond the financial statement date.

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