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A Letter Issued on Significant Deficiencies Relating to an Entity's

Question 869

Multiple Choice

A letter issued on significant deficiencies relating to an entity's internal control observed during an audit of the financial statements of a nonissuer should include a:


A) Restriction on the use of the report.
B) Description of tests performed to search for material weaknesses.
C) Statement of compliance with applicable laws and regulations.
D) Paragraph describing management's evaluation of the effectiveness of internal control.

Correct Answer:

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