Question: Internal control systems are: Multiple Choice Developed by the Securities and Exchange Commission for public companies. Developed by the Small Business Administration for non-public companies.

Internal control systems are: Multiple Choice Developed by the Securities and Exchange Commission for public companies. Developed by the Small Business Administration for non-public companies. Developed by the Internal Revenue Service for all U.S. companies. Required by Sarbanes-Oxley (SOX) to be documented and verified if the company's stock is traded on an exchange (a public company). Required only if a company plans to engage in interstate commerce

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