Question: . Based on results from Problems 1 and 2 above: What role does materiality play in classifying the type of control deficiencies identified in Problems

. Based on results from Problems 1 and 2 above: What role does materiality play in classifying the type of control deficiencies identified in Problems 1 and 2 above? . Revenue is recognized when shipped. Based on shipping dates in the shipping file, total revenue for 2018 is $1,372,637. The audit team has set overall materiah'ty at 1% of revenue. Would you classify the authorization control deficiency identied in Problem 2 above as a control deficiency, a significant deficiency, or a material weakness

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