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An auditor is likely to issue an adverse audit report when the auditor concludes which of the following? The auditor concludes that a specific part

An auditor is likely to issue an adverse audit report when the auditor concludes which of the following?
The auditor concludes that a specific part of the financial statement is misstated (e.g., accounts payable balance) and the client refuses to correct the misstatement The auditor concludes that financial statements contain at least one material misstatement that is pervasive and the client refuses to correct the misstatement The auditor concludes that the client's management is adverse toward auditors None of the above

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