Which of the Following Is an Accurate Statement About Internal

question 36

Multiple Choice

Which of the following is an accurate statement about internal control weaknesses?

• A)Material weaknesses are also control deficiencies.
• B)Significant deficiencies are also material weaknesses.
• C)Control deficiencies are also material weaknesses.
• D)All control deficiencies must be communicated to the audit committee.

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Definitions:

Hematocrit

The proportion of red blood cells (erythrocytes) to the total blood volume.

Anxiety

A feeling of worry, nervousness, or unease, often about an imminent event or something with an uncertain outcome.

Immigrant

An individual who moves to a new country with the intention of settling there, often for reasons such as employment, education, or family reunification.