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Accounting Information Systems 9th Edition by James Hall
Edition 9ISBN: 978-1133934400Accounting Information Systems 9th Edition by James Hall
Edition 9ISBN: 978-1133934400 Exercise 87
Which of the following is NOT a requirement in management's report on the effectiveness of internal controls over financial reporting?
A) Describe the flow of transactions in sufficient detail to points at which misstatement could arise.
B) An evaluation of entity-wide controls that correspond to the COSO framework.
C) A statement that the organization's internal auditors have issued an attestation report on management's assessment of the company's internal controls.
D) An explicit written conclusion as to the effectiveness of internal control over financial reporting.
E) All of the above are requirements.
A) Describe the flow of transactions in sufficient detail to points at which misstatement could arise.
B) An evaluation of entity-wide controls that correspond to the COSO framework.
C) A statement that the organization's internal auditors have issued an attestation report on management's assessment of the company's internal controls.
D) An explicit written conclusion as to the effectiveness of internal control over financial reporting.
E) All of the above are requirements.
Explanation
Verified
Verified
Hence, option (c) is correct.
Explanati...
Accounting Information Systems 9th Edition by James Hall
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