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Which of the Following Would Most Likely Be Included in a SEC

Question 28

Multiple Choice

Which of the following would most likely be included in a SEC 10K filing in which a material weakness in internal control exists?  
Financial Statement:Audit Report Internal Control Audit Report\begin{array} { c c c } & \text {Financial Statement:Audit Report} & \text { Internal Control Audit Report} \\\end{array}
A-  Unqualified  Adverse\begin{array} { c c c } \quad\quad\quad\text { Unqualified } &\quad\quad\quad\quad\quad\quad\quad\quad\quad\quad\quad \text { Adverse} \\\end{array}
B-  Unqualified  Qualified \begin{array} { c c c }\quad\quad\quad \text { Unqualified } &\quad\quad\quad\quad\quad\quad\quad\quad\quad\quad\quad \text { Qualified } \\\end{array}
C-  Qualified Qualified \begin{array} { c c c } \quad\quad\quad\text { Qualified } & \quad\quad\quad\quad\quad\quad\quad\quad\quad\quad\quad\quad\quad\text {Qualified } \\\end{array}
D-  Adverse Unqualified \begin{array} { c c c }\quad\quad\quad \text { Adverse} &\quad\quad\quad\quad \quad\quad\quad\quad\quad\quad\quad\quad\quad\text { Unqualified } \end{array}

 


A) Option A
B) Option B
C) Option C
D) Option D

Correct Answer:

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