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Managements refusal to furnish a written representation on a matter that the auditor considers essential: Constitutes conclusive evidence that the financial statements are not presented

  • Managements refusal to furnish a written representation on a matter that the auditor considers essential:
    1. Constitutes conclusive evidence that the financial statements are not presented fairly.
    2. Should be judged for its materiality.
    3. A basis to withdraw from the engagement.
    4. All of the above.

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