Save A Question 9 1 points Walkthroughs combine observation, inspection, and inquiry to assure that the controls designed by management have been implemented. True False Question 10 1 points Save A A control deficiency that is less severe than a material weakness, but important enough to merit attention by those responsible for oversight of the company's financial reporting is referred to as an inherent limitation. True False Question 11 1 points A significant deficiency involves an amount of discovered misstatements greater than the amount used as the planning measure of materiality. True O False Question 12 1 Taking test counts of the year-end inventory is most likely to be considered a risk assessment procedure relating to internal control. O True False