When completing the audit of internal controls for a public company, the severity of an internal control deficiency depends on:

Both whether there is a reasonable possibility that the company's controls will fail to prevent and detect a misstatement in the account and t

misstatement resulting from the deficiency.

Whether the account has a history of errors.

Whether there is a reasonable possibility that the company's controls will fail to prevent or detect a misstatement in the account.

The severity depends on all of the factors identified.

Themagnitude of the potential misstatement resulting from the deficiency.

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