The Statement of Management's Responsibility, Issued Along with a Company's

question 53

Multiple Choice

The statement of management's responsibility, issued along with a company's financial statements, indicates all of the following EXCEPT that management:

• A) is responsible for establishing and maintaining an adequate system of internal control.
• B) conducted an assessment of internal control over financial reporting based on the framework established by COSO.
• C) states that the internal controls of the company have been audited by the company's outside auditors.
• D) has hired a new CEO in the current year.