Question: A material weakness is a situation in which: Multiple Choice it is probable that an immaterial financial statement misstatement would not be prevented or

A material weakness is a situation in which:\ \ Multiple Choice\ it is probable that an immaterial financial statement misstatement would not be prevented or detected and corrected on a timely basis.\ there is a remote likelihood that a material misstatement would not be prevented or detected and corrected on a timely basis.\ it is reasonably possible that a material misstatement would not be prevented or detected and corrected on a timely basis.\ it is reasonably possible that an immaterial misstatement would not be prevented or detected and corrected on a timely basis.

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