SlideShare a Scribd company logo
1 of 1
Download to read offline
Which of the following is least likely to represent a material weakness in internal control for
Flynt Corporation? For the current year, the auditor found a material misstatement in Flynt's
sales recognition that was undetected by the internal controls. Flynt Corporation's computer
systems were not working properly for two days; consequently, employees needed to do all
reconciliations manually. Flynt's audit committee is deemed to be ineffective. Flynt
Corporation's CFO was arrested last year for embezzling money from the entity.

More Related Content

More from umeshagarwal39

Why won't my code build and run- and what is the correct code so it bu (1).pdf
Why won't my code build and run- and what is the correct code so it bu (1).pdfWhy won't my code build and run- and what is the correct code so it bu (1).pdf
Why won't my code build and run- and what is the correct code so it bu (1).pdf
umeshagarwal39
 
Why won't my code build and run- and what is the correct code so it bu.pdf
Why won't my code build and run- and what is the correct code so it bu.pdfWhy won't my code build and run- and what is the correct code so it bu.pdf
Why won't my code build and run- and what is the correct code so it bu.pdf
umeshagarwal39
 

More from umeshagarwal39 (20)

Wildhorse Company has a balancet in its Accouats Receivable control ac.pdf
Wildhorse Company has a balancet in its Accouats Receivable control ac.pdfWildhorse Company has a balancet in its Accouats Receivable control ac.pdf
Wildhorse Company has a balancet in its Accouats Receivable control ac.pdf
 
Wildhorse Company has a balance in its Accounts Recevvable control acc.pdf
Wildhorse Company has a balance in its Accounts Recevvable control acc.pdfWildhorse Company has a balance in its Accounts Recevvable control acc.pdf
Wildhorse Company has a balance in its Accounts Recevvable control acc.pdf
 
Why won't my code build and run- and what is the correct code so it bu (1).pdf
Why won't my code build and run- and what is the correct code so it bu (1).pdfWhy won't my code build and run- and what is the correct code so it bu (1).pdf
Why won't my code build and run- and what is the correct code so it bu (1).pdf
 
Why won't my code build and run- and what is the correct code so it bu.pdf
Why won't my code build and run- and what is the correct code so it bu.pdfWhy won't my code build and run- and what is the correct code so it bu.pdf
Why won't my code build and run- and what is the correct code so it bu.pdf
 
why does this code keep generating this error- even though the URL is.pdf
why does this code keep generating this error- even though the URL is.pdfwhy does this code keep generating this error- even though the URL is.pdf
why does this code keep generating this error- even though the URL is.pdf
 
Why do you think the SEC (should or should not) to go after celebritie.pdf
Why do you think the SEC (should or should not) to go after celebritie.pdfWhy do you think the SEC (should or should not) to go after celebritie.pdf
Why do you think the SEC (should or should not) to go after celebritie.pdf
 
Who would be at increased risk for vitamin B12 deficiency without fort.pdf
Who would be at increased risk for vitamin B12 deficiency without fort.pdfWho would be at increased risk for vitamin B12 deficiency without fort.pdf
Who would be at increased risk for vitamin B12 deficiency without fort.pdf
 
Why are funny channels -funny- (different from other channels)- Becaus.pdf
Why are funny channels -funny- (different from other channels)- Becaus.pdfWhy are funny channels -funny- (different from other channels)- Becaus.pdf
Why are funny channels -funny- (different from other channels)- Becaus.pdf
 
Why do we try to remove air bubbles in the electroblot set up- Protein.pdf
Why do we try to remove air bubbles in the electroblot set up- Protein.pdfWhy do we try to remove air bubbles in the electroblot set up- Protein.pdf
Why do we try to remove air bubbles in the electroblot set up- Protein.pdf
 
Why do we need Confusion matrix-What is recall- accuracy- precision an.pdf
Why do we need Confusion matrix-What is recall- accuracy- precision an.pdfWhy do we need Confusion matrix-What is recall- accuracy- precision an.pdf
Why do we need Confusion matrix-What is recall- accuracy- precision an.pdf
 
Which of these is the best example of mechanical digestion- Group of a.pdf
Which of these is the best example of mechanical digestion- Group of a.pdfWhich of these is the best example of mechanical digestion- Group of a.pdf
Which of these is the best example of mechanical digestion- Group of a.pdf
 
Whispering Winds Corp- reported these income statement data for a 2-ye.pdf
Whispering Winds Corp- reported these income statement data for a 2-ye.pdfWhispering Winds Corp- reported these income statement data for a 2-ye.pdf
Whispering Winds Corp- reported these income statement data for a 2-ye.pdf
 
While in her hepatocyte- you notice that a molecule of carbon dioxide.pdf
While in her hepatocyte- you notice that a molecule of carbon dioxide.pdfWhile in her hepatocyte- you notice that a molecule of carbon dioxide.pdf
While in her hepatocyte- you notice that a molecule of carbon dioxide.pdf
 
Which was not a reason it took 100 years for the Copernican Revolution.pdf
Which was not a reason it took 100 years for the Copernican Revolution.pdfWhich was not a reason it took 100 years for the Copernican Revolution.pdf
Which was not a reason it took 100 years for the Copernican Revolution.pdf
 
Which statement is true about how opioids affect neural transmission-.pdf
Which statement is true about how opioids affect neural transmission-.pdfWhich statement is true about how opioids affect neural transmission-.pdf
Which statement is true about how opioids affect neural transmission-.pdf
 
Which structure is hirnhl--L- Multiple Choice CN IX - Glossopharyngeal.pdf
Which structure is hirnhl--L- Multiple Choice CN IX - Glossopharyngeal.pdfWhich structure is hirnhl--L- Multiple Choice CN IX - Glossopharyngeal.pdf
Which structure is hirnhl--L- Multiple Choice CN IX - Glossopharyngeal.pdf
 
Which statement reflects a disadvantage of a decision tree model- Grou.pdf
Which statement reflects a disadvantage of a decision tree model- Grou.pdfWhich statement reflects a disadvantage of a decision tree model- Grou.pdf
Which statement reflects a disadvantage of a decision tree model- Grou.pdf
 
Which term correctly describes- the term osmosis- movement of solvent.pdf
Which term correctly describes- the term osmosis- movement of solvent.pdfWhich term correctly describes- the term osmosis- movement of solvent.pdf
Which term correctly describes- the term osmosis- movement of solvent.pdf
 
Which statement regarding cell reproduction is true- Multiple Choice T.pdf
Which statement regarding cell reproduction is true- Multiple Choice T.pdfWhich statement regarding cell reproduction is true- Multiple Choice T.pdf
Which statement regarding cell reproduction is true- Multiple Choice T.pdf
 
Which one of the following statements about Eurobonds is NOT true- a).pdf
Which one of the following statements about Eurobonds is NOT true- a).pdfWhich one of the following statements about Eurobonds is NOT true- a).pdf
Which one of the following statements about Eurobonds is NOT true- a).pdf
 

Recently uploaded

Financial Accounting IFRS, 3rd Edition-dikompresi.pdf
Financial Accounting IFRS, 3rd Edition-dikompresi.pdfFinancial Accounting IFRS, 3rd Edition-dikompresi.pdf
Financial Accounting IFRS, 3rd Edition-dikompresi.pdf
MinawBelay
 

Recently uploaded (20)

How to Manage Closest Location in Odoo 17 Inventory
How to Manage Closest Location in Odoo 17 InventoryHow to Manage Closest Location in Odoo 17 Inventory
How to Manage Closest Location in Odoo 17 Inventory
 
Mattingly "AI and Prompt Design: LLMs with Text Classification and Open Source"
Mattingly "AI and Prompt Design: LLMs with Text Classification and Open Source"Mattingly "AI and Prompt Design: LLMs with Text Classification and Open Source"
Mattingly "AI and Prompt Design: LLMs with Text Classification and Open Source"
 
An Overview of the Odoo 17 Knowledge App
An Overview of the Odoo 17 Knowledge AppAn Overview of the Odoo 17 Knowledge App
An Overview of the Odoo 17 Knowledge App
 
Removal Strategy _ FEFO _ Working with Perishable Products in Odoo 17
Removal Strategy _ FEFO _ Working with Perishable Products in Odoo 17Removal Strategy _ FEFO _ Working with Perishable Products in Odoo 17
Removal Strategy _ FEFO _ Working with Perishable Products in Odoo 17
 
size separation d pharm 1st year pharmaceutics
size separation d pharm 1st year pharmaceuticssize separation d pharm 1st year pharmaceutics
size separation d pharm 1st year pharmaceutics
 
The Last Leaf, a short story by O. Henry
The Last Leaf, a short story by O. HenryThe Last Leaf, a short story by O. Henry
The Last Leaf, a short story by O. Henry
 
Envelope of Discrepancy in Orthodontics: Enhancing Precision in Treatment
 Envelope of Discrepancy in Orthodontics: Enhancing Precision in Treatment Envelope of Discrepancy in Orthodontics: Enhancing Precision in Treatment
Envelope of Discrepancy in Orthodontics: Enhancing Precision in Treatment
 
24 ĐỀ THAM KHẢO KÌ THI TUYỂN SINH VÀO LỚP 10 MÔN TIẾNG ANH SỞ GIÁO DỤC HẢI DƯ...
24 ĐỀ THAM KHẢO KÌ THI TUYỂN SINH VÀO LỚP 10 MÔN TIẾNG ANH SỞ GIÁO DỤC HẢI DƯ...24 ĐỀ THAM KHẢO KÌ THI TUYỂN SINH VÀO LỚP 10 MÔN TIẾNG ANH SỞ GIÁO DỤC HẢI DƯ...
24 ĐỀ THAM KHẢO KÌ THI TUYỂN SINH VÀO LỚP 10 MÔN TIẾNG ANH SỞ GIÁO DỤC HẢI DƯ...
 
Stl Algorithms in C++ jjjjjjjjjjjjjjjjjj
Stl Algorithms in C++ jjjjjjjjjjjjjjjjjjStl Algorithms in C++ jjjjjjjjjjjjjjjjjj
Stl Algorithms in C++ jjjjjjjjjjjjjjjjjj
 
The Ball Poem- John Berryman_20240518_001617_0000.pptx
The Ball Poem- John Berryman_20240518_001617_0000.pptxThe Ball Poem- John Berryman_20240518_001617_0000.pptx
The Ball Poem- John Berryman_20240518_001617_0000.pptx
 
Championnat de France de Tennis de table/
Championnat de France de Tennis de table/Championnat de France de Tennis de table/
Championnat de France de Tennis de table/
 
BỘ LUYỆN NGHE TIẾNG ANH 8 GLOBAL SUCCESS CẢ NĂM (GỒM 12 UNITS, MỖI UNIT GỒM 3...
BỘ LUYỆN NGHE TIẾNG ANH 8 GLOBAL SUCCESS CẢ NĂM (GỒM 12 UNITS, MỖI UNIT GỒM 3...BỘ LUYỆN NGHE TIẾNG ANH 8 GLOBAL SUCCESS CẢ NĂM (GỒM 12 UNITS, MỖI UNIT GỒM 3...
BỘ LUYỆN NGHE TIẾNG ANH 8 GLOBAL SUCCESS CẢ NĂM (GỒM 12 UNITS, MỖI UNIT GỒM 3...
 
Exploring Gemini AI and Integration with MuleSoft | MuleSoft Mysore Meetup #45
Exploring Gemini AI and Integration with MuleSoft | MuleSoft Mysore Meetup #45Exploring Gemini AI and Integration with MuleSoft | MuleSoft Mysore Meetup #45
Exploring Gemini AI and Integration with MuleSoft | MuleSoft Mysore Meetup #45
 
UChicago CMSC 23320 - The Best Commit Messages of 2024
UChicago CMSC 23320 - The Best Commit Messages of 2024UChicago CMSC 23320 - The Best Commit Messages of 2024
UChicago CMSC 23320 - The Best Commit Messages of 2024
 
Capitol Tech Univ Doctoral Presentation -May 2024
Capitol Tech Univ Doctoral Presentation -May 2024Capitol Tech Univ Doctoral Presentation -May 2024
Capitol Tech Univ Doctoral Presentation -May 2024
 
An Overview of the Odoo 17 Discuss App.pptx
An Overview of the Odoo 17 Discuss App.pptxAn Overview of the Odoo 17 Discuss App.pptx
An Overview of the Odoo 17 Discuss App.pptx
 
Financial Accounting IFRS, 3rd Edition-dikompresi.pdf
Financial Accounting IFRS, 3rd Edition-dikompresi.pdfFinancial Accounting IFRS, 3rd Edition-dikompresi.pdf
Financial Accounting IFRS, 3rd Edition-dikompresi.pdf
 
PSYPACT- Practicing Over State Lines May 2024.pptx
PSYPACT- Practicing Over State Lines May 2024.pptxPSYPACT- Practicing Over State Lines May 2024.pptx
PSYPACT- Practicing Over State Lines May 2024.pptx
 
HVAC System | Audit of HVAC System | Audit and regulatory Comploance.pptx
HVAC System | Audit of HVAC System | Audit and regulatory Comploance.pptxHVAC System | Audit of HVAC System | Audit and regulatory Comploance.pptx
HVAC System | Audit of HVAC System | Audit and regulatory Comploance.pptx
 
IPL Online Quiz by Pragya; Question Set.
IPL Online Quiz by Pragya; Question Set.IPL Online Quiz by Pragya; Question Set.
IPL Online Quiz by Pragya; Question Set.
 

Which of the following is least likely to represent a material weaknes.pdf

  • 1. Which of the following is least likely to represent a material weakness in internal control for Flynt Corporation? For the current year, the auditor found a material misstatement in Flynt's sales recognition that was undetected by the internal controls. Flynt Corporation's computer systems were not working properly for two days; consequently, employees needed to do all reconciliations manually. Flynt's audit committee is deemed to be ineffective. Flynt Corporation's CFO was arrested last year for embezzling money from the entity.