The Auditors Have Calculated the Total Uncorrected Identified Misstatements as $445,000;materiality

Multiple Choice

The auditors have calculated the total uncorrected identified misstatements as $445,000;materiality for the audit is $450,000.The client has declined to record the related journal entries.In this situation it is most likely that the auditors will:

A) Conclude that the financial statements are not materially misstated.
B) Issue a disclaimer of opinion.
C) Perform additional audit procedures to reduce audit risk to an appropriately low level.
D) Resign from the audit.