Which of the Following Circumstances Most Likely Would Cause an Auditor

Multiple Choice

Which of the following circumstances most likely would cause an auditor to consider whether material misstatements exist in an entity's financial statements?

A) Management places little emphasis on meeting earnings projections. net
B) The board of directors makes all major financing decisions.
C) Significant deficiencies in internal control previously communicated to management are not corrected.
D) Transactions selected for testing are not supported by proper documentation.