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When forming an opinion of the financial statements, the auditor is least likely to evaluate whether: 1. Earnings forecasts by regulators are met. 2.

When forming an opinion of the financial statements, the auditor is least likely to evaluate whether: 1. Earnings forecasts by regulators are met. 2. Accounting estimates made by management are reasonable. 3. Financial statements provide adequate disclosures to enable intended users to understand the effect of material events and transactions. 4. The terminology used in the financial statements is appropriate.

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