Describe the tree broad objoctives management has when dosigning effective interval carted, $($Seluct the three correct chaces.$)$

A$.$ Reasonable assurance. A company should develop internal controls that provide reasonalish but not absolute$,$ assurance fat the finan statements are faily stated. Intomal controls are developed by management altier considering both the oosts and benelits of the control flimely banis by informal control. Even if managoment can design an ideal system, ils effectiveress dependis on the conceloncy and depend ability of the people using $1$ qualifations to perform the eoniol ethectively, Managerrerfs liest resulti, which must also be documerited, form the basis Form $10-$K report filed with the SEC.