Question: Question 9 1.72 pts You work for E & Y and finished your integrated audit of Apple, Inc. for the year ended December 31, 2021.
Question 9 1.72 pts You work for E & Y and finished your integrated audit of Apple, Inc. for the year ended December 31, 2021. E&Y issues an opinion on Apple's Internal control over financial reporting that states that "Apple, Inc. has NOT maintained effective internal control over financial report as of December 31. 2021. Which of the following statements is TRUE? O E & Yshould withdraw from the engagement. Why would E & Y want to be associated with a client with ineffective internal controls O E&Y should assess control risk as LOW in its audit of Apple's francial statements O E&Y will be required to issue an adverse opinion on Apple's financial statements O E&Y should accept the LOWEST detection risk in their audit of Apple's financial statements
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