When Considering Internal Controls, an Important Point to Consider Is

Multiple Choice

When considering internal controls, an important point to consider is that:

A) auditors can ignore controls affecting internal management information.
B) auditors are concerned with the client's internal controls over the safeguarding of assets if they affect the financial statements.
C) management is responsible for understanding and testing internal control over financial reporting.
D) companies must use the COSO framework to establish internal controls.