Which of the Following Is Not One of the fundamental

Multiple Choice

Which of the following is not one of the fundamental concepts in the COSO report's definition of internal control?

A) Internal control is a process.
B) Internal control is effected by people.
C) Internal control is a guarantee.
D) Internal control can be expected to provide only reasonable assurance, not absolute assurance, to an entity's management and board.
E) Internal control is geared to the achievement of objectives in the overlapping categories of financial reporting, compliance, and operations.