The PCAOB Has Outlined a Number of Circumstances That Are

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: $$\begin{array} { | l | l | l | l | } \hline & \begin{array} { c } \text { Strong } \\\text { indicator of a } \\\text { material } \\\text { weakness in } \\\text { internal } \\\text { control }\end{array} & \begin{array} { c } \text { Other } \\\text { control } \\\text { deficiency } *\end{array} & \begin{array} { c } \text { Neither of } \\\text { preceding } \\\text { 2 columns }\end{array} \\\hline \begin{array} { l } \text { a. Ineffective oversight of external } \\\text { reporting by the audit committee. }\end{array} & & & \\\hline \begin{array} { l } \text { b. Restatement of previously issued } \\\text { financial statements to reflect the } \\\text { correction of a material misstatement. }\end{array} & & & \\\hline \text { c. Lack of effective antifraud programs. } & & & \\\hline \begin{array} { l } \text { d. Lack of effective controls over the } \\\text { period-end financial reporting process. }\end{array} & & & \\\hline \begin{array} { l } \text { e. A deviation identified during tests of } \\\text { controls. }\end{array} & & & \\\hline \begin{array} { l } \text { f. Identification of material fraud on the } \\\text { part of senior management. }\end{array} & & & \\\hline \begin{array} { l } \text { g. } \text { Identification by the auditors of a } \\\text { material misstatement in circumstances } \\\text { that indicate that the client's internal } \\\text { control would not have detected it. }\end{array} & & & \\\hline \begin{array} { l } \text { h. A chief internal auditor who reports } \\\text { directly to the audit committee. }\end{array} & & & \\\hline \begin{array} { l } \text { i. Identification of immaterial fraud on } \\\text { the part of senior management. }\end{array} & & & \\\hline \begin{array} { l } \text { j. Ineffective oversight of internal } \\\text { control by the audit committee. }\end{array} & & & \\\hline\end{array}$$ *May be material weakness,significant deficiency,or lesser deficiency,but is not ordinarily considered a strong indicator of a material weakness in internal control.