Which of the following is a correct statement about the responsibility for internal controls?
A) The Sarbanes-Oxley Act made management responsible for internal controls.
B) The Foreign Corrupt Practices Act made management responsible for internal controls.
C) The American Institute of Certified Public Accountants made management responsible for internal controls.
D) The International Auditing and Assurance Standards Board made management responsible for internal controls.
Correct Answer:
Verified
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