Which of the following most indicates a situation where an organization would be deemed by the PA to be "not editable"?

Multiple Choice

• As part of an aggressive growth strategy, the company's operations will soon extend to multiple countries.

• Management's intention is to take the company global within the next three years.

• Due to what it perceives as unacceptably high legal liability exposure, company management will not commit to providing the auditor with written representations.

• Because the company's shares are traded on the New York Stock Exchange, its financial statements are prepared according to U.S. GAAP.