Multiple Choice
Auditors of both public companies and private entities _______.
A) have a responsibility to report internal control weaknesses to those charged with governance of the entity
B) have a responsibility to report internal control weaknesses directly to the SEC
C) have a responsibility to report internal control weaknesses to the internal audit function, for immediate rectification
D) have a responsibility to report internal control weaknesses directly to the shareholders of an entity, who in turn should address their concerns to management
Correct Answer:

Verified
Correct Answer:
Verified
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