Which of the following auditor concerns most
likely could be so serious that the auditor
concludes that a financial statement audit
cannot be conducted?
a. The entity has no formal written code of
conduct
b. The integrity of the entity’s
management is suspect
c. Procedures requiring segregation of
duties are subject to management
override
d. Management fails to modify prescribed
controls for changes in conditions
likely could be so serious that the auditor
concludes that a financial statement audit
cannot be conducted?
a. The entity has no formal written code of
conduct
b. The integrity of the entity’s
management is suspect
c. Procedures requiring segregation of
duties are subject to management
override
d. Management fails to modify prescribed
controls for changes in conditions