Question: Question 1 4 Internal control systems are: Developed by the Small Business Administration for non - public companies. Required only if a company plans to
Question
Internal control systems are:
Developed by the Small Business Administration for nonpublic companies.
Required only if a company plans to engage in interstate commerce.
Developed by the Internal Revenue Service for all US companies.
Developed by the Securities and Exchange Commission for public companies.
Required by SarbanesOxley SOX to be documented and certified if the company's stock is traded on an exchange.
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