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Which of the following factors most likely would heighten an auditor's concern about the risk...

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Accounting

Which of the following factors most likely would heighten an auditor's concern about the risk of fraudulent financial reporting?
Group of answer choices
Management's disclosure of unresolved litigation and contingent liabilities.
Year-end adjustments by the entity that significantly affect financial results.
A lack of competition in the entity's industry, accompanied by increasing profit margins.
The audit committee's approval of the initial selection of accounting principles.

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