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A Material Weakness in Internal Control Is a Significant Deficiency

Question 17

Multiple Choice

A material weakness in internal control is a significant deficiency, or combination of significant deficiencies, that results


A) From a material misstatement in the financial statements.
B) In more than a remote likelihood that a material misstatement of the financial statements will not be prevented or detected.
C) In a material misstatement of the financial statements.
D) In a government having a qualified audit opinion on their financial statements.

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