How would the auditor modify their opinion


Question: The client is aware that the fire the destroyed the major warehouse has affected its ability to continue operation soon. In which instance, would the auditor modify their opinion? Select answer from the options below The client properly discloses the going concern issue in the notes. The client's financial reporting is a fair representation of the financial condition. The client suffered a massive financial loss that will lead them to file for bankruptcy. The client refuses to properly disclose the going concern issue in the notes.

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Accounting Basics: How would the auditor modify their opinion
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