A Deficiency Uncovered in the Audit of Internal Control Is

question 45

Multiple Choice

A deficiency uncovered in the audit of internal control is explained by which of the following in relation to a financial statement misstatement?

• A) the amount of the misstatement
• B) the likelihood of the misstatement
• C) the amount, likelihood, and classification of the misstatement
• D) the amount and the classification of the misstatement

---

Definitions:

External Validity

The extent to which the results of a study can be generalized or applied to other situations, populations, or settings outside of the experimental environment.

Ethnic Background

A category of social identity that relates to an individual's ancestry and cultural traditions.

Various Cultures

The diverse set of beliefs, customs, practices, and social behaviors of different groups or societies.

Rosenthal

Refers to the Rosenthal effect, also known as the experimenter expectancy effect, where the researcher's expectations influence the outcome of a study.