Which of the Following Is True Regarding Management's Documentation of Internal

question 6

Multiple Choice

Which of the following is true regarding management's documentation of internal controls?

• A)Some documentation should focus on controls management has placed in operation to adequately address identified financial reporting risks.
• B)Documentation should focus on controls over the interim financial reporting process.
• C)Documentation must be done on paper.
• D)Inadequate documentation is usually considered an insignificant deficiency in internal control.

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