To be compliant with PCAOB rules, an entity's management needs to maintain documentation to support its assessment of internal controls over financial reporting (ICFR). Which of the following statements is TRUE if an engagement team determines that management does not have documentation to support ICFR of a specific business process? It must be concluded that management does not have effective controls for that process, and a material weakness would be identified. This relieves our responsibility to understand and evaluate controls for that process Documentation requirements for the audit team are lessened if management does not have robust documentation to leverage in workpapers. This may raise concerns regarding the entity's ability to achieve certain ICR objectives