The auditor's communication of material weaknesses in internal control for a nonpublic company is:

A. required to enable the auditor to state that the examination has been made in accordance with generally accepted auditing standards.
B. required to be included as part of the audit opinion.
C. required even though the financial statement audit for private companies does not require an audit of the entity's system of internal control.
D. the principle reason for studying and evaluating the system of internal controls.


Answer: C

Business

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