The Auditor Must Communicate in Writing All Significant Deficiencies and Material

question 40

Multiple Choice

The auditor must communicate in writing all significant deficiencies and material weaknesses to management and the audit committee.The written communication from the auditor should include:

• A)a definition of a significant deficiency and a material weakness
• B)a statement that the objective of the audit is to report on the financial statements and to provide assurance on internal controls
• C)a statement that the communication is intended solely for the use of stockholders,the board of directors,the audit committee,and management
• D)a statement that there is no such thing as absolute assurance

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Definitions:

Glomerular

Relating to or involving the glomeruli, which are small filters in the kidneys involved in the filtration of blood.

Urethritis

Inflammation of the urethra, often caused by infection, leading to pain during urination.

Urinary Tract Infections

Urinary Tract Infections, or UTIs, are infections affecting any part of the urinary system, often caused by bacteria entering the urethra and bladder.

Cystitis

Inflammation of the bladder.