D Question 41 2.5 pts Which of the following statements is CORRECT regarding a material weakness in internal control over financial reporting: Material weaknesses indicate the quality of a client's inventory is less than the required government specifications. Material weaknesses occur when the total amount of discovered misstatements are greater than the amount used as the planning measure of materiality. Material weaknesses are required to be communicated to those responsible for oversight of the client's financial reporting. A material weakness is when an auditor neglects to perform a necessary audit procedure