Question: C A . B . C . D . Magnitude Material Material More than inconsequential More than inconsequential A control deficiency would be considered a
C
A
B
C
D
Magnitude
Material
Material
More than inconsequential
More than inconsequential
A control deficiency would be considered a material weakness when the likelihood that potential financial statement
misstatements will not be prevented, or detectedcorrected and the magnitude of such misstatements are at a minimum:
Likelihood
Reasonable
Probable
Reasonable
Probable
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