Section $404$ of the Sarbanes$-$Oxley Act of $2002$ requires each annual report of an issuer to include which of the following?

Reasonable assurances that fraud will be identified before the issuance of the company's annual report.

Representations from the company's external auditors that the company has effective internal control over operations.

Management's assessment of the effectiveness of internal control over financial reporting.

Management representations that the company's external auditors have examined its internal control over compliance with laws and regulations.

eTextbook and Media