What Is the Typical Outcome When an Auditor Discovers a Material

question 20

Multiple Choice

What is the typical outcome when an auditor discovers a material weakness in the design or operation of controls?

• A)An adverse opinion unless management corrects the defect before year-end.
• B)An adverse opinion even if management corrects the defect before year-end.
• C)The firing of the auditors.
• D)Adjusting audit journal entries.

---

Definitions:

Water-Soluble

Capable of dissolving in water, a property of many vitamins and minerals that affects how they are absorbed and used in the body.

Carcinogens

Substances or exposures that are directly involved in causing cancer.

Aldehydes

A class of organic compounds obtained from alcohol by oxidation and also found in cigarette smoke; they cause mutations and are related to the development of cancer.

Tars

Complex chemical substances resulting from the burning or combustion of organic material, often associated with smoking.