Examlex

Solved

Assume That an Auditor Is Focusing on Two Weaknesses in Internal

question 30

Multiple Choice

Assume that an auditor is focusing on two weaknesses in internal control.Although neither is by itself a material weakness,the two significant deficiencies in combination represent a material weakness.The client effectively remediates one of them prior to year-end but does not have time to remediate the other prior to year-end.What type of audit report on internal control is appropriate?


Definitions:

Discrimination

Involves the unjust or prejudicial treatment of different categories of people, especially on the grounds of race, age, or sex.

Hatfield and Berscheid

Psychologists known for their research in the area of interpersonal attraction and love.

Passionate

Showing or caused by strong feelings or a strong belief.

Jealous

Feeling or showing an envious resentment of someone or their achievements, possessions, or perceived advantages.

Related Questions