Q6 A __________ is defined as a situation where control is designed, implemented or operated in such a way that it is unable to prevent, or detect and correct, misstatements in the financial statements on a timely basis

A __________ is defined as a situation where control is designed, implemented or operated in such a way that it is unable to prevent, or detect and correct, misstatements in the financial statements on a timely basis

safeguard

weak point

loophole

deficiency

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