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    Auditing Other Assurance Services Study Set 2
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    Exam 7: Internal Control
  5. Question
    A Control Deficiency That Is Less Severe Than a Material
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A Control Deficiency That Is Less Severe Than a Material

Question 1

Question 1

Multiple Choice

A control deficiency that is less severe than a material weakness,but important enough to merit attention by those responsible for oversight of the company's financial reporting is referred to as a(n) :


A) Control deficiency.
B) Inherent limitation.
C) Reportable deficiency.
D) Significant deficiency.

Correct Answer:

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