Which of the following would the auditor be most concerned about regarding a heightened risk of intentional misstatement?
◦ Senior management emphasizes that it is very important to beat analyst estimates of earnings every reporting period.
◦ Senior management emphasizes that budgeted amounts for expenses are to be achieved for each reporting period or explained in the variance analysis report.
◦ Senior management emphasizes that job rotation is a worthwhile corporate objective.
◦ Senior management emphasizes that job evaluations are based on performance.