Significant Deficiencies Are Matters That Come to an Auditor's Attention

Multiple Choice

Significant deficiencies are matters that come to an auditor's attention that should be communicated to an entity's audit committee because they represent

A) Disclosures of information that significantly contradict the auditor's going concern assumption.
B) Material fraud or illegal acts perpetrated by high-level management.
C) Significant design flaws in internal controls or poor implementation of internal controls.
D) Manipulation or falsification of accounting records or documents from which financial statements are prepared.