Question: What are the major factors the auditor should consider when evaluating an internal control deficiency to determine if it is a material weakness, or a

What are the major factors the auditor should consider when evaluating an internal control deficiency to determine if it is a material weakness, or a significant deficiency?


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AS 5 notes that various risk factors affect the likelihood whether there is a reasonable possibility that a deficiency or a combination of deficiencie... View full answer

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