An Auditor Identified a Material Weakness in Internal Control in August.The

question 39

Multiple Choice

An auditor identified a material weakness in internal control in August.The client was informed and the client corrected the material weakness prior to year-end (December 31) ; the auditor agrees that the correction eliminates the material weakness prior to year-end.The appropriate audit report on internal control under PCAOB standards on reporting on internal control is:

• A)Adverse.
• B)Unqualified.
• C)Disclaimer.
• D)Qualified.

---

Definitions:

Cognitive Dissonance

The mental discomfort experienced by a person who holds two or more contradictory beliefs, ideas, or values at the same time.

Fundamental Attribution Error

The fundamental attribution error is a bias in social psychology where individuals tend to attribute others' actions to their character or personality, while underestimating situational influences.

Attribution Theory

A theory focused on how people interpret and understand causes behind others' behavior and their own.

Dispositions

The inherent qualities of mind and character that influence an individual's behavior and attitudes.