If an Internal Control Exception Is Identified, the Auditor_______

question 1

Multiple Choice

If an internal control exception is identified, the auditor_______.

• A)must use their professional judgment to determine if the exception is a control deficiency, a significant deficiency, or a material weakness
• B)must use published frameworks to determine if the exception is a control deficiency, a significant deficiency, or a material weakness
• C)should notify the Securities and Exchange Commission (SEC) within 14 days
• D)should consider withdrawing from the engagement

---

Definitions:

Actualization

The realization or fulfillment of one's talents and potentialities, often considered a fundamental human motive.

Perfectionist

An individual who strives for flawlessness and sets excessively high performance standards, often accompanied by overly critical self-evaluations.

Maturation

The process by which an individual or organism develops over time, encompassing physical, mental, and emotional growth.

Automatic

Operations or processes that are performed with little or no conscious thought or effort.