The text presented three definitions of internal control. Which of the following statements about them is most true?
A) Two of them apply only to businesses; the other applies only to government agencies.
B) Only one of the three emphasizes that internal control is a process.
C) None of the three provides absolute assurance that a company has eliminated risk.
D) All of them focus on specific internal control procedures for specific kinds of companies.
Correct Answer:
Verified
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