The amount involved with a significant deficiency is at least

Name: The amount involved with a significant deficiency is at least</b. a material amount.
Brand: Quizplus
Rating: 4.9 (58 reviews)

Question

Quizplus · Accepted Answer

A significant deficiency is a deficiency, or a combination of deficiencies, in internal control that is less severe than a material weakness, yet important enough to merit attention by those responsible for oversight of the company's financial reporting. It does not necessarily involve an amount that is material.

The Amount Involved with a Significant Deficiency Is At Least