Multiple Choice
A deficiency, or a combination of deficiencies, in internal control such that there is a reasonable possibility that a material misstatement of the entity's financial statements will not be prevented, or detected and corrected, on a timely basis is best described as ________.
A) a material weakness
B) a significant deficiency
C) a material deficiency
D) a deficiency
Correct Answer:
Verified
Correct Answer:
Verified
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