Question: Question 3 1 pts When considering internal controls, auditors can ignore controls affecting internal management information. management is responsible for understanding and testing internal control
Question
pts
When considering internal controls,
auditors can ignore controls affecting internal management information.
management is responsible for understanding and testing internal control over financial reporting.
companies must use the COSO framework to establish internal controls.
auditors are concerned with the client's internal controls over the safeguarding of assets if they affect the financial statements.
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