A Material Weakness Will Always Exist When a Company Has

question 45

Multiple Choice

A material weakness will always exist when a company has:

• A) a decentralized structure and authority is shared in a system of matrix management.
• B) an audit committee that provides ineffective oversight of financial reporting and ICFR.
• C) a corporate culture with a strong emphasis on achieving profitability.
• D) inexperienced workers serving in demanding positions.

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