Which of the following statements related to the COSO report is false?
A) The COSO report provided the standard definition of internal control accepted be the accounting industry.
B) The COSO report is commonly known as the Internal Control Integrated Framework.
C) The COSO report has not been updated since it was issued in 1992.
D) The COSO report was the result of a comprehensive study of interest control.
Correct Answer:
Verified
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