With regard to discussing significant audit adjustments with the audit committee, which of the following statements is false?

a. Significant audit adjustments reflect a lack of independence between the auditor and client management. 

b. Significant audit adjustments may reflect on the stewardship and accountability of management. 

c. The audit committee should be made aware of significant audit adjustments, even if management readily agrees to make them. 

d. Significant adjustments, by definition, suggest that there have been internal control failures that must be communicated to the audit committee. 

e. Two of the above (a–d).