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Which of the following is not an implication of PCAOB Auditing Standard No. 5 and Section 404 of the Sarbanes-Oxley Act? a. None of the
Which of the following is not an implication of PCAOB Auditing Standard No. 5 and Section 404 of the Sarbanes-Oxley Act? a. None of the above are implications of Section 404. b. Disclosure of material changes in an organization's financial condition is required on a "rapid and current basis". c. Management must identify, document, and evaluate significant internal controls. d. Auditors must report on the effectiveness of the internal control systems of an organization.
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