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Question 25 Which of the following is the correct definition of "control deficiency"? B) A control deficiency exists if one or more deficiencies exist that adversely affect a company's ability to prepare external financial statements reliably. D) A control deficiency exists if the design or operation of controls results in a more than the probable likelihood that controls will prevent or detect misstatements. C) A control deficiency exists if the design or operation of controls results in a more than a remote likelihood that controls will not prevent or detect misstatements. A) A control deficiency exists if the design or operation of controls does not permit company personnel to prevent or detect misstatements on a timely basis