At the SEC website, obtain Management's Report on Internal Control provided by Diamond Foods, Inc. for the year ended July 31, 2013.

a) Identify the material weaknesses that management described in its report on internal control.

b) Why would management consider these deficiencies to be material weaknesses?

c) Are misstatements necessary for management to conclude that a control deficiency is a material weakness? Explain.

d) What process would Diamond's management have gone through to identify these material weaknesses?