ORJECTIVE 12-5) The following are independent situations for which you will recom- mend a n appropriate audit report on internal control over financial reporting as required b CAOB auditing standards: uditor identified a material misstatement in the financial statements that was not detected by management of the company. 2. The auditor was unable to obtain any evidence about the operating effectiveness of internal control over financial reporting 3. The auditor identified several significant deficiencies in internal control. Because of these significant deficiencies, the auditor believes that there is a reasonable possibility that internal control will not prevent or detect material misstatements on a timely basis. 4. The auditor determined that a deficiency in internal control exists that will not pre- g interim testing, the auditor identified and communicated to management a ernal control 6. As a result of performing tests of controls, the auditor identified a significant defi- vent or detect a material misstatement in the financial statements. 5. Durin significant control deficiency. Management immediately corrected the deficiency and the auditor was able to sufficiently test the newly instituted int before the end of the fiscal period. ciency in internal control over financial reporting: however, the auditor does not believe that it represents a material weakness in internal control. For each situation, state the appropriate audit report from the following alternatives: Required . Unqualified opinion on internal control over financial reporting . Qualified or disclaimer of opinion on internal control over financial reporting Adverse opinion on internal control over financial reporting