Which of the Following Is Correct with Respect to Control

question 68

Multiple Choice

Which of the following is correct with respect to control deficiencies discovered during an audit?

• A)Auditors must communicate and recommend corrections relating to all material weaknesses in internal control to management.
• B)All material weaknesses in internal control must be reported to the audit committee in writing.
• C)All such matters must be communicated to the audit committee and regulatory agencies.
• D)All control deficiencies are also significant deficiencies.

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Definitions:

Climate

The average weather conditions in a place over a long period, typically used to describe a geographic region's general weather patterns.

Pollution

The contamination of natural environments by harmful substances, resulting from human activities, which negatively affects air, water, soil quality, and consequently, living organisms.

Mortality

The state of being mortal or the incidence of death within a population.

Air Pollution

The presence of harmful substances in the air that can lead to health problems for living organisms and damage to the environment.