Which of the following would not be a factor in whether a control weakness would be considered to be a material weakness as opposed to a significant deficiency?
a. The materiality of the related balance.
b. The volume of transactions affected.
c. The subjectivity of the account balance.
d. The nature of the client's industry.
d
You might also like to view...
Using simple language in persuasive messages
A) helps avoid suspicions of fantastic claims and emotional manipulation. B) reduces your credibility, since jargon and complex terminology are impressive. C) confuses the audience, since they expect you to show how much you know. D) is harmful when addressing external audiences. E) is fine as long as you overwhelm the audience with complicated charts and diagrams.
A random sample of 525 people was taken from a very large population. 225 of the people in the sample were female. The standard error of the proportion is
A. 0.9783. B. 0.0217. C. 0.9668. D. 0.0332.
At the conclusion of a term LLC's term, a majority vote by the members to continue operating
will result in the creation of a new term LLC. Indicate whether the statement is true or false
Divided Parcel (DP) includes the following on its mailing receipts: "We are not responsible for any damages to packages whether or not through the intentional or reckless fault or negligence of our employees. Send packages at your own risk." Mary reads this clause but sends her watch back to the manufacturer to be repaired anyway. The watch is destroyed when the DP driver uses the package for a
ball and tosses it to his buddy. Mary is: a. out of luck because the clause was communicated to her. b. out of luck because she should have insured the package. c. likely to collect from DP since exculpatory clauses always violate public policy. d. likely to collect from DP because it attempted to excuse intentional and reckless behavior.