Internal Control Systems Are

Multiple Choice

Internal control systems are:

A) Developed by the Securities and Exchange Commission for public companies.
B) Developed by the Small Business Administration for non-public companies.
C) Required only if a company plans to engage in interstate commerce.
D) Developed by the Internal Revenue Service for all U.S. companies.
E) Required by Sarbanes-Oxley (SOX) to be documented and certified if the company's stock is traded on an exchange (a public company) .