Based on COSO 2013, which of the following statements is not correct? a. Employees at any level

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Based on COSO 2013, which of the following statements is not correct?
a. Employees at any level of an organization play a role in internal control.
b. Internal controls can provide reasonable assurance only.
c. Internal control is a process consisting of ongoing tasks and activities.
d. The responsibility of monitoring the effectiveness of internal controls belongs to the internal audit group.

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Accounting Information Systems

ISBN: 9781260571080

3rd International Edition

Authors: Vernon Richardson

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