11. Which of the following statements is true about an auditor's responsibility to communicate with respect to a public company's internal controls? A. The auditor will issue an adverse report on the effectiveness of internal controls if a material weakness in internal controls over financial reporting exists. B. Auditors are required to communicate all significant deficiencies in internal control to management but not necessarily to the audit committee. C. Auditors are required to communicate all significant deficiencies in internal control to the audit committee but not necessarily to management D. The difference between a material weakness and a significant deficiency is Inconsequential E. The auditor's judgment as to the nature and form of the communication is based on either the likelihood of the misstatement or on the potential magnitude of the misstatement. 12. Auditors should evaluate new controls associated with all of the following except A. new product lines. B. new sources of revenues. C. management's response to new accounting standards for revenue transactions. D. related changes in personnel. E. all of the above