Question: An auditor identified a material weakness in internal control in December. The client was informed and the client corrected the material weakness shortly after year-end

An auditor identified a material weakness in internal control in December. The client was informed and the client corrected the material weakness shortly after year-end (December 31); the auditor agrees that the correction eliminates the material weakness as of January 31. The appropriate audit report on internal control under PCAOB standards on reporting on internal control is:

Select one:

Unqualified.

Unqualified with explanatory language relating to the material weakness.

Qualified.

Adverse.

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