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Which of the Following Statements Is True

Question 27

Multiple Choice

Which of the following statements is true?


A) The 2013 COSO Report failed to define internal control
B) The 2013 COSO Report emphasized that an internal control system is a tool of management
C) SAS 78 rejected the definition of internal control provided in the COSO report
D) COBIT 5 concluded that a company's management is not responsible for establishing and monitoring a company's internal control system

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