Which of the following statements included in management's assessment of the effectiveness of internal control over financial reporting would not cause the auditor to disclaim an opinion?
A. The entity plans to implement new controls.
B. Management believes the cost of correcting a material weakness would exceed the benefits derived from implementing the new controls.
C. Disclosure of material weaknesses corrected during the period.
D. Management includes disclosures about corrective actions taken by the entity after the date of management's assessment.
Answer: C
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