Question: Hello need help with the question below Does the combination of these significant deficiencies represent a material weakness? Why or why not? 44. During the

Hello need help with the question below

Does the combination of these significant deficiencies represent a material weakness? Why or why not?

Hello need help with the question below Does the

44. During the assessment of internal control over fi- nancial reporting, management identified the fol- lowing deficiencies. Based on the context in which the deficiencies occur, management and the exter- nal auditor agree that these deficiencies individually represent significant deficiencies: Inadequate segregation of duties over certain information system access controls. Several instances of transactions that were not properly recorded in subsidiary ledgers, trans- actions were not material, either individually or in the aggregate. A lack of timely reconciliations of the account balances affected by the improperly recorded transactions. Does the combination of these significant deficien- cies represent a material weakness? Why or why not

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