An audit report included the following emphasis-of-matter paragraph: "The financial statements of the Holmlund Company have been prepared assuming that the Company will continue as a going concern. As discussed in footnote 10, the Company has experienced losses and negative cash flows from operations for the past 3 years..." Which of the following statements is incorrect?

The auditors evaluated the viability of management's plans to improve financial performance.

The auditors determined that management's plans to improve financial performance were unlikely to be successful.

The auditors obtained information regarding management's plans to improve financial performance.

The auditors issued a disclaimer of opinion on Holmlund's financial statements.