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Atleast What Level of Probability of a Material Misstatement Is

question 25

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Atleast what level of probability of a material misstatement is required for a control deficiency to be considered a material weakness?


Definitions:

Fan-Shaped

Describes an object, structure, or pattern that spreads out in a shape resembling a fan.

Serratus Anterior

A muscle that originates on the surface of the upper eight or nine ribs and inserts along the entire anterior length of the medial border of the scapula, playing a key role in the movement of the shoulder blade.

Humerus

The long bone in the upper arm that runs from the shoulder to the elbow.

Teres Major

A muscle in the upper arm, which helps in the rotation and adduction of the shoulder.

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