During the audit of Hornet Inc., a large nationwide distributor of pest control products, there has been considerable discussion with the client's top management as to how the evidence required to issue an appropriate audit opinion will be obtained. Management has offered various suggestions with respect to how the information can be passed to the external auditors. Which of the following suggestions would be the most problematic for the auditor? Management have agreed to pass all information pertaining to outstanding accounts receivables to the auditor, who will contact all clients with balances owed and confirm their existence. Management has advised that all information will first be gathered by the internal audit function to cut down on the cost of the external audit, and will then be passed to the auditors. O Management has offered to contact their bank and request copies of loan agreements, interest rates etc. to corroborate outstanding loan balances. Once the information has been sent to the client by the bank, it will be forwarded directly to the auditors. Management has agreed to allow the auditor access to the inventory accounts in the general ledger, as well as physical access to inventory contained at its locations.