a prepaid expense . cash equivalents . 4- IFRS Multiple Choice Question 237 Tangible frauds include asset misappropriation . false pretenses . counterfeiting . All of these . 5- Multiple Choice Question 44
All of the following requirements about internal controls were enacted under the Sarbanes- Oxley Act except ;
independent outside auditors must eliminate redundant internal controls .
independent outside auditors must attest to the level of internal control .
companies must develop sound internal controls over financial reporting .
companies must continually assess the functionality of internal controls .
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