Question: For an internal control deficiency to be considered a material weakness, what must be true? Multiple Choice It is reasonably possible that the control will

For an internal control deficiency to be considered a material weakness, what must be true?
Multiple Choice
It is reasonably possible that the control will fail to detect or prevent a material misstatement.
It is probable that the control will fail to detect or prevent a material misstatement.
It is reasonably possible that the control will fail to detect or prevent a misstatement, material or immaterial.
It is probable that the control will fail to detect or prevent a misstatement, material or immaterial.

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