Both management and auditors have responsibilities related to the audit clients internal control system. What is an
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Both management and auditors have responsibilities related to the audit client’s internal control system. What is an example of management’s responsibility related to internal control system?
a. Management must assess financial reporting risk.
b. Management must establish an appropriate control environment.
c. Management must ensure the security of the company’s assets, including data.
d. Only b and c are the responsibility of management.
e. All of these are the responsibility of management.
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Related Book For
Auditing And Assurance Services
ISBN: 9781266796852
9th Edition
Authors: Timothy Louwers, Penelope Bagley, Allen Blay, Jerry Strawser, Jay Thibodeau
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