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  2. Topic
    Business
  3. Study Set
    Auditing A Risk Based Approach
  4. Exam
    Exam 3: Internal Control Over Financial Reporting: Responsibilities of Management and the External Auditor
  5. Question
    Which of the Following Is the Most Severe
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Which of the Following Is the Most Severe

Question 49

Question 49

Multiple Choice

Which of the following is the most severe?


A) Material weaknesses in internal control.
B) Significant deficiencies in internal control.
C) Operational deficiencies in internal control.
D) Each is equally severe because it could result in inaccuracies in financial reporting.

Correct Answer:

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