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For publicly traded companies, internal control systems are A. Described by the Securities and Exchange Commission. B. Required by the Federal Government for all corporations.

For publicly traded companies, internal control systems are

A. Described by the Securities and Exchange Commission.

B. Required by the Federal Government for all corporations.

C. Must be audited and certified as free of material weaknesses.

D. Must be maintained by an outside third party.

why?

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