Problem

Which of the following auditor concerns most likely could be so serious that the auditor w...

Which of the following auditor concerns most likely could be so serious that the auditor would conclude that a financial statement audit cannot be conducted?

A. The entity has no formal written code of conduct.

B. The integrity of entity’s management is suspect.

C. Procedures requiring separation of duties are subject to management override.

D. Management fails to modify prescribed controls for changes in conditions.

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