The PCAOB has outlined a number of circumstances that are indicators of a material weakness. In addition, other control deficiencies may or may not be a material weakness depending upon details of the circumstances involved. Categorize the following: *May be material weakness, significant deficiency, or lesser deficiency, but is not ordinarily considered a strong indicator of a material weakness in internal control.

Question

The PCAOB has outlined a number of circumstances that are indicators of a material weakness. In addition, other control deficiencies may or may not be a material weakness depending upon details of the circumstances involved. Categorize the following:  *May be material weakness, significant deficiency, or lesser deficiency, but is not ordinarily considered a strong indicator of a material weakness in internal control.

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The Answer of The PCAOB has outlined a number of circumstances that are indicators of a material weakness. In addition, other control deficiencies may or may not be a material weakness depending upon details of the circumstances involved. Categorize the following:  *May be material weakness, significant deficiency, or lesser deficiency, but is not ordinarily considered a strong indicator of a material weakness in internal control.

The PCAOB Has Outlined a Number of Circumstances That Are