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Author Question: The PCAOB places responsibility for the reliability of internal controls over the financial ... (Read 37 times)

BSITTON

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on: Aug 21, 2022

Question 1

The internal control framework used by most U.S. companies is the ________ framework.
◦ FASB
◦ PCAOB
◦ COSO
◦ SEC

Question 2

The PCAOB places responsibility for the reliability of internal controls over the financial reporting process on
◦ the company's board of directors.
◦ the audit committee of the board of directors.
◦ management.
◦ the CFO and the independent auditors.
Auditing and Assurance Services ¦ Arens, Elder, Beasley, Hogan ¦ 17th Edition
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Marked as best answer by BSITTON on Aug 21, 2022

koswald

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Reply #1 on: Aug 21, 2022
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BSITTON

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Reply 2 on: Aug 21, 2022
YES! Correct, THANKS for helping me on my review

nothere

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Reply 3 on: Yesterday
Thanks for the timely response, appreciate it

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