Question: When the auditors are performing a first - time internal control audit inaccordance with the Sarbanes - Oxley Act and PCAOB standards, theyshould: ( 1

When the auditors are performing a first-time internal control audit inaccordance with the Sarbanes-Oxley Act and PCAOB standards, theyshould:(1) Modify their report for any significant deficiencies identified.(2) Use a bottom-up approach to identify controls to test.(3) Test controls for all significant accounts.(4) Perform a separate assessment of controls over operations.

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