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Which of the following statements regarding design and implementation of controls is true? A B C D Management is responsible for internal control design,

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Which of the following statements regarding design and implementation of controls is true? A B C D Management is responsible for internal control design, while accountants are responsible for the operation of internal control. Although effected by personnel at various levels, management is responsible for design and implementation. Management is responsible for design and employees are responsible for implementation. The board of directors is responsible for design and management is responsible for implementation.

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