Short Answer
A(n)________ in internal control over financial reporting is defined as a deficiency as such that there is a reasonable possibility that a material misstatement of financial statements will not be prevented or detected in a timely basis.
Correct Answer:

Verified
Correct Answer:
Verified
Related Questions
Q65: What are the objectives of internal control?
Q66: Define or explain the five principle the
Q67: Earnings management focuses on managing when revenues
Q68: SOX emphasizes a strong system of internal
Q69: Which audit type requires the auditor to
Q71: A(n)_ over financial reporting requires the auditor
Q72: Define the two types of SOC 2
Q73: In the COSO Internal Control-Integrated Framework, risk
Q74: How long does the typical fraud last
Q75: Internal controls for the accounting system are