Multiple Choice
Which of the following is not an element of management's assessment process for the effectiveness of internal control?
A) Identifying financial reporting risks and related controls.
B) Determining the locations and business units to include in the evaluation.
C) Evaluating evidence about the operating effectiveness of ICFR.
D) Obtaining the auditor's assessment of the internal control effectiveness.
Correct Answer:
Verified
Correct Answer:
Verified
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