Under PCAOB internal control reporting standards,what are the auditor's communication requirements to the audit committee with respect to material weaknesses?
A) All must be communicated in written form.
B) All must be communicated in written form or orally.
C) Only those that violate the Foreign Corrupt Practices Act need be communicated, but in written form.
D) Only those that violate the Foreign Corrupt Practices Act need be communicated, in written form or orally.
Correct Answer:
Verified
Q28: Which of the following fits most directly
Q28: An auditor identified a significant deficiency in
Q29: According to PCAOB standards for reporting on
Q30: An auditor identified a material weakness in
Q32: Consider a company whose sales are initiated
Q33: A circumstance caused scope limitation in a
Q35: Deficiencies in internal control identified by the
Q37: A material weakness because the oversight
Q38: An auditor identified a material weakness in
Q40: The minimum likelihood of loss involved in
Unlock this Answer For Free Now!
View this answer and more for free by performing one of the following actions
Scan the QR code to install the App and get 2 free unlocks
Unlock quizzes for free by uploading documents