A Deficiency in Internal Controls Is Described as ________

Multiple Choice

A deficiency in internal controls is described as ________.

A) a combination of deficiencies in internal control which are as severe as material weaknesses
B) a deficiency in the design or operation of a single control that does not allow management to prevent and correct misstatements on a timely basis
C) a deficiency, or combination of deficiencies in internal control
D) a deficiency that has created a reasonable possibility of a material misstatement