Which of the following would lower the risk of accepting the engagement? Multiple Choice Wide distribution of the audited financial statements. The auditee's financial condition is weak. Management integrity is questionable. Users of the financial statements are relatively sophisticated. Which of the following statements concerning financial statement assertions is false? Multiple Choice Their appropriate application is determined in reference to GAAP, or the disclosed basis of accounting. They must be fully disclosed in the notes to the financial statements. They are the claims management makes in presenting its financial statements. They are directly tied to the audit objectives auditors use to design specific evidence-gathering procedures. Which of the following statements concerning financial statement assertions is false? Multiple Choice Their appropriate application is determined in reference to GAAP, or the disclosed basis of accounting. They must be fully disclosed in the notes to the financial statements. They are the claims management makes in presenting its financial statements. They are directly tied to the audit objectives auditors use to design specific evidence-gathering procedures