First Name 36 which of the following conceming the auditor's report on internal control over financial A t report contains opinions on the efflectiveness of intemal control over financial reporting based Last correct? on the auditor's independent work. B. In the s to state management's assessment of intermal control over financial reporting, but does not opinion is required if a material weakness is identified. ieport on internal control over financial reporting, the auditor can issue only a qualified or an C. The auditor need necessarily need to comment on whether he or she agrees. D. An 57. To obtain an understanding of significant processes and relevant subprocesses, auditors would be least likely to use which of the following techniques: A. Reviewing management documentation. B. Inquiry. C. Scanning. D. Transaction walkthroughs. 58. A deficiency that implies that there is more than a remote likelihood of misstatement in the financial statements and a reasonable person would consider the misstatement to be consequential is A. a material weakness. B. a significant deficiency. C. an insignificant deficiency. D. an immaterial weakness. 59. Public reporting on the effectiveness of internal control over financial reporting, as required by the Sarbanes-Oxley Act, includes: A. A statement that the public accounting firm that audited the financial statements has provided input orn lesign of internal controls. . A statement of management's responsibility for establishing and maintaining adequate internal control nancial reporting. An explicit statement as to whether management agrees with the public accounting firm's assessment ternal controls. A detailed statement describing changes or additions to the internal control environment that occurre rent year