Which of following statements regarding the ELC requirements for integrated audits is correct? We test ELCs that are important to our conclusion about whether the entity has effective internal controls over financial reporting. When identifying which entity-level-controls to test, we do not consider those that management has identified in its assessment. In integrated audits, inquiry alone is sufficient to test ELCs and we do not need to supplement inquiry with observation and/or inspection. The determination of how many and which entity-level-controls to test can be made by any member on the audit engagement team