a. During the audit of Wood Pharmaceuticals, you are surprised tofnd sev-eral control defciencies in the entitys internal control. You determine thatthere is a reasonable possibility that any one of them could result in amisstatement that is signifcant. Although the odds are extremely low thatthe defciencies, singly or taken together, will result in a material misstate-ment of the entitysfnancial statements, the large number of problemscauses you concern. Managements written assessment concludes that theentitys ICFR was effective as of the report date.

b. You agreed to perform an audit for Rodriguez & Co., after the entitysyear-end. Due to time constraints, your auditfrm could not complete afull audit of ICFR. However, the evidence you did collect suggests that theentity has exceptionally strong ICFR. You seriously doubt that a materialweakness would have been found if time had permitted a more thoroughaudit. Managements written assessment concludes that the entitys ICFRwas effective as of the report date

d.Reynolds Distilleries identifed what you agree is a material weaknessand made an adverse assessment in its report on ICFR. The entity had notcorrected the material weakness as of the end of the reporting period