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    Auditing and Assurance Services Study Set 2
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    Exam 12: Assessing Control Risk and Reporting on Internal Controls
  5. Question
    If There Is More Than a Reasonable Possibility That a Material
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If There Is More Than a Reasonable Possibility That a Material

Question 50

Question 50

True/False

If there is more than a reasonable possibility that a material misstatement could result from a significant deficiency found during the audit, then that deficiency is considered a material weakness in internal control.

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