Which of the Following Statements Is Correct Concerning an Auditor's

question 37

Multiple Choice

Which of the following statements is correct concerning an auditor's communication of internal control related matters (significant deficiencies) noted in an audit?

• A) The auditor may issue a written report to the audit committee representing that no significant deficiencies were noted during the audit.
• B) Significant deficiencies should be recommunicated each year, even if the audit committee has acknowledged its understanding of such deficiencies.
• C) Significant deficiencies that are material weaknesses should be reported separately from other significant deficiencies.
• D) The auditor may choose to communicate significant internal control-related matters either during the course of the audit or after the audit is concluded.

---

Definitions:

Adaptability

The ability to adjust to new conditions, challenges, or environments effectively.

Stranger Anxiety

The fear and caution exhibited by infants and young children when encountering unfamiliar individuals.

Infant's Capacity

The potential or ability of an infant to develop skills and accomplish tasks, often measured through milestones in physical, cognitive, and emotional development.

Memory Increases

The enhancement or improvement in the capacity to retain and recall information over time.