During the audit of wood pharmaceuticals, you are surprised to find several controldeficiencies in the company's internal control. you determine that there is a reasonablepossibility that any one of them could result in a misstatement that is significant. although the odds are extremely low that the deficiencies, singly or taken together, willresult in a material misstatement of the company's financial statements, the large numberof problems causes you concern. management's written assessment concludes that thecompany's icfr was effective as of the report date.