$7.$

An auditor has discovered a material misstatement in the financial statements that management refuses to correct. At the conclusion of the audit, the auditor$$s report should express:

Please add checkmark next to the correct answer$($s$).$

$1$ a standard unmodified$/$unqualified opinion.

$2$ either a qualified opinion or an adverse opinion.

$3$ a disclaimer of opinion.

$4$ an unmodified$/$unqualified opinion with an emphasis$-$of$-$matter paragraph.

$5$ none of the above.