Which of the Following Best Describes the Responsibility of the Auditor

question 171

Multiple Choice

Which of the following best describes the responsibility of the auditor to report significant deficiencies and material weaknesses in an attest engagement to examine the effectiveness of a nonissuer's internal control?

• A) The auditor must communicate both significant deficiencies and material weaknesses.
• B) The auditor must communicate material weaknesses, but need not disclose significant deficiencies.
• C) The auditor must communicate significant deficiencies, but need not separately identify material weaknesses.
• D) Neither significant deficiencies nor material weaknesses are required to be communicated.