Which of the Following Auditor Concerns Most Likely Could Be

Multiple Choice

Which of the following auditor concerns most likely could be so serious that the auditor concludes that a financial statement audit cannot be performed?

A) Management fails to modify prescribed internal controls for changes in information technology.
B) Internal control activities requiring segregation of duties are rarely monitored by management.
C) Management is dominated by one person who is also the majority stockholder.
D) There is a substantial risk of intentional misapplication of accounting principles.