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