A Deficiency That Implies That There Is a Reasonable Possibility

question 50

Multiple Choice

A deficiency that implies that there is a reasonable possibility of misstatement in the financial statements that is significant but not material is

• A) A material weakness.
• B) A significant deficiency.
• C) An insignificant deficiency.
• D) A probable deficiency.

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Definitions:

Treatment Placement

The process of determining the most appropriate and effective setting or level of care for a person requiring medical or therapeutic intervention.

Safety

Safety refers to the condition of being protected from or unlikely to cause danger, risk, or injury.

Affordable Care Act

A comprehensive health care reform law enacted in March 2010, aimed at expanding health insurance coverage and reducing health care costs.

Essential Health Benefit

A set of health care service categories that must be covered by certain plans under the Affordable Care Act, including emergency services, hospitalization, and maternity care.