2. i. Identify which of the statements are TRUE? ii. iii. iv. The Committee of Sponsoring Organizations (COSO) issued an integrated framework to evaluate internal control. Preparing bank reconciliation is an example of preventive control. General controls refer to the controls designed to make sure an organization's information system and control environment is stable and well managed. One of the objectives of internal controls is to prepare financial reports in accordance with established criteria. ABCD A. i and ii B. i, ii and iii C. i, ii and iv D. i, iii and iv (1 mark)