# The auditor has serious concern about the going concern of the company. It is dependent on company’s obtaining a working capital loan from a bank which has been applied for. The management of the company has made full disclosure of these facts in the notes to the balance sheet. The auditor is satisfied with the level of disclosure. He should issue _____ ? with Answer - Auditing Mcqs | TestPrep

> Solved MCQ: The auditor has serious concern about the going concern of the company. It is dependent on company’s obtaining a working capital loan from a bank which has been applied for. The management of the company has made full disclosure of these facts in the notes to the balance sheet. The auditor is satisfied with the level of disclosure. He should issue _____ ? Correct Answer: B. unqualified opinion with reference to notes to the accounts. Verified answer explanation for FPSC, PPSC, MDCAT, NTS, and CSS competitive exam preparation.

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# The auditor has serious concern about the going concern of the company. It is dependent on company’s obtaining a working capital loan from a bank which has been applied for. The management of the company has made full disclosure of these facts in the notes to the balance sheet. The auditor is satisfied with the level of disclosure. He should issue _____ ?

Direct Answer & Quick Reference

The correct option is **B. unqualified opinion with reference to notes to the accounts**.

A. unqualified opinion

B. unqualified opinion with reference to notes to the accounts **(Correct Answer)**

C. qualified opinion

D. disclaimer of opinion

✨ Explain with AI

Verified Key: B. unqualified opinion with reference to notes to the accounts
Solved by 3,985+ students

Verified against official examination board answer keys and standard curriculum textbooks.

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