Which of the following is true regarding significant deficiencies and material weaknesses in control for a nonissuer? Auditors should search for them. They should be disclosed in notes to the financial statements. They should be included in the financial statements. Auditors should communicate them to management and those charged with governance.

B

Explanation:

The auditor should report certain control deficiencies in internal control observed during an audit.

Auditors should communicate them to management and those charged with governance.

Explanation: Auditors should communicate any internal control issues observed during the audit to the management. This is to avoid any future internal control issues that might come up in future as the company advances in its business.

The Auditor should report significant deficiencies and materia weaknesses in the internal control of an organisation to its management and those charged with governance.

The communication should include the significant deficiencies and the effect of the material weaknesses and internal control issues through the management report for prompt correction by management.