Internal Control Systems Are

question 56

Multiple Choice

Internal control systems are:

• A)Developed by the Securities and Exchange Commission for public companies.
• B)Developed by the Small Business Administration for non-public companies.
• C)Developed by the Internal Revenue Service for all U.S.companies.
• D)Required by Sarbanes-Oxley (SOX)to be documented and certified if the company's stock is traded on an exchange.
• E)Required only if a company plans to engage in interstate commerce.

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