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The auditor's communication of material weaknesses in internal control for a nonpublic company is: A) required to enable the auditor to state that the examination
The auditor's communication of material weaknesses in internal control for a nonpublic company is: A) required to enable the auditor to state that the examination has been made in accordance with generally accepted auditing standards. B) the principle reason for studying and evaluating the system of internal controls. C) required even though the financial statement audit for private companies does not require an audit of the entity's system of internal control. D) required to be included as part of the audit opinion. What is the correct answer? Why is it the correct answer? Why are the other choices incorrect? The auditor's communication of material weaknesses in internal control for a nonpublic company is: A) required to enable the auditor to state that the examination has been made in accordance with generally accepted auditing standards. B) the principle reason for studying and evaluating the system of internal controls. C) required even though the financial statement audit for private companies does not require an audit of the entity's system of internal control. D) required to be included as part of the audit opinion. What is the correct answer? Why is it the correct answer? Why are the other choices incorrect
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