Which of the Following Factors Should an Auditor Consider in Making

Multiple Choice

Which of the following factors should an auditor consider in making a judgment about whether a control deficiency is a significant deficiency?

A) The likelihood that a control will fail to prevent or detect a misstatement. II. The magnitude of the misstatement that could result from the deficiency.
B) I only.
C) II only.
D) Both I and II.
E) Neither I nor II.