When Performing an Internal Control Audit Under PCAOB Standards,one or More

question 23

Multiple Choice

When performing an internal control audit under PCAOB standards,one or more material weaknesses in internal control that exist at year-end will result in what type of report(s) ?
$\begin{array} { c c c } & \quad\quad \text { Qualified } & \text { Disclaimer} \\\end{array}$
A- $\begin{array} { c c c } \quad\quad\quad\text { Yes } &\quad\quad\quad \text { Yes } \\\end{array}$
B- $\begin{array} { c c c }\quad\quad\quad \text { Yes } &\quad\quad\quad \text { No } \\\end{array}$
C- $\begin{array} { c c c } \quad\quad\quad\text {No} & \quad\quad\quad\quad\text { Yes } \\\end{array}$
D- $\begin{array} { c c c }\quad\quad\quad \text { No } &\quad\quad\quad\quad\text { No }\end{array}$

• A)Option A
• B)Option B
• C)Option C
• D)Option D

---

Definitions:

Personal Freedom

The liberty of individuals to pursue their own interests and choices without undue interference or restriction from societal norms or government.

Pleasure-Seeking Tendencies

The inclination towards behaviors or activities that provide immediate gratification or enjoyment.

Cultural Background

The environment, traditions, social and legal systems, and heritage shared by a group of people.

Biopsychosocial Approach

An integrated approach that incorporates biological, psychological, and social-cultural levels of analysis.