Which of the Following Would Be an Example of an Operating

question 11

Multiple Choice

Which of the following would be an example of an operating deficiency?

• A) The control operates as intended but the person assigned to perform the control lacks sufficient knowledge.
• B) The control fails to detect material misstatements.
• C) The control fails to detect material misstatements on a timely basis.
• D) The control fails to prevent material misstatements on a timely basis.

---

Definitions:

Paired-Choice Vote

A voting system where individuals choose between two options, which can determine preference in a comparative way.

Ranked Preferences

The ordering of choices or options according to their desirability or priority to an individual or group.

Interest Groups

Organizations formed to promote the shared interests of their members, often by influencing public policy and legislation.

Strong Preferences

Intensely favorable biases or priorities individuals or groups hold for certain options or actions over others.