Which of the Following Is the Most Severe

question 49

Multiple Choice

Which of the following is the most severe?

• A)Material weaknesses in internal control.
• B)Significant deficiencies in internal control.
• C)Operational deficiencies in internal control.
• D)Each is equally severe because it could result in inaccuracies in financial reporting.

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Definitions:

Bystander Effect

A social psychological phenomenon in which individuals are less likely to offer help to a victim when other people are present.

Increased Significantly

A term used to describe a situation where a change or difference is both statistical and meaningful in magnitude, indicating a departure from chance.

Significantly Reduced

A phrase typically used in research to indicate a notable decrease in the magnitude or quantity of a measured variable.

Not Affected

Remaining unchanged or undisturbed by external influences or events.