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A material weakness in internal control represents a control deficiency that A. exists because a necessary control is missing or not properly designed B. results
A material weakness in internal control represents a control deficiency that
A. exists because a necessary control is missing or not properly designed
B. results in a reasonable possibility that internal control will prevent or detect material financial statement misstatements
C. more than remotely adversely affects a companys ability to initiate, authorize, record, process, or report external financial statements reliability.
D. reduces the efficiency and effectiveness of the entitys operations.
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