Question: SAS 78 describes internal control as a process, effected by an entity's board of directors, management and other personnel, designed to provide reasonable assurance regarding

SAS 78 describes internal control as a process, effected by an entity's board of directors, management and other personnel, designed to provide reasonable assurance regarding achievement of: A. Effectiveness and efficiency of operations B. Reliability of financial reporting C. Compliance with applicable laws and regulations D. All of the above

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