Which of the following is NOT a requirement of all corporations under the jurisdiction of the SEC to maintain a system of internal control that will provide reasonable assurance on financial statements?

Group of answer choices

A. Access to assets is limited to authorized individuals.

B. Transactions are not performed with the knowledge of executive management.

C. Accounting records of assets are compared to existing assets at reasonable intervals and appropriate action is taken with respect to any differences.

D. Transactions are recorded as necessary to permit the preparation of reliable financial statements and maintain accountability for assets.