Which of the Following Must the Auditor Communicate to the Audit

question 72

Multiple Choice

Which of the following must the auditor communicate to the audit committee?

• A)Significant deficiencies and material weaknesses.
• B)Only significant deficiencies.
• C)Only material weaknesses.
• D)Neither significant deficiencies nor material weaknesses.

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Definitions:

Continental Rifting

The process where a continental landmass breaks apart due to tectonic forces, often leading to the formation of new ocean basins.

Continent Intact

This term is unclear but may refer to a continent remaining geologically stable or undivided by significant natural events over time.

Continental Rift

A linear zone where the Earth's crust and lithosphere are being pulled apart and is the initial stage of a continental break-up leading to the formation of a new ocean basin.

Divergent Boundary

A tectonic plate boundary where two plates move away from each other, leading to the formation of new crust as magma rises to the surface.