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A significant deficiency_____________: Is more severe than a material weakness. Is more severe than a control deficiency but less severe than a material weakness Is

A significant deficiency_____________:

Is more severe than a material weakness.

Is more severe than a control deficiency but less severe than a material weakness

Is required to be reported to the PCAOB.

Differs from a material weakness in that it involves internal control over operations rather than internal control over financial reporting.

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