Which of the Following Is Correct About the Framework for Documenting

question 60

Multiple Choice

Which of the following is correct about the framework for documenting control systems?

• A)Management makes its assessment on the effectiveness of internal controls using a recognized framework for documenting control systems
• B)The auditor is permitted to use the same framework to assess the effectiveness of the controls as management uses
• C)The COSO framework is the only acceptable framework
• D)The COSO framework was developed by public accounting firms and industry experts

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