The Committee of Sponsoring Organizations of the Treadway Commission's $($COSO$\text{'}$s$)$ Internal Control$-$Integrated Framework provides

Select one: $$

A$.$ Guidance on assessing risk and evaluating internal controls to government agencies but not to other organizations.

B$.$ International standards to help ensure that organizations meet the needs of customers and stakeholders while also complying with statutory and regulatory requirements.

C$.$ Common standards designed to increase effectiveness and efficiency of operations and reliability of financial reporting while ensuring compliance with applicable laws and regulations. $$

D$.$ Not a system of controls, but a framework for auditors to provide independent, objective, and reasonable assurances that management has adopted a system of controls that is effective and functioning as intended.