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Which one of the following statements is correct? The public accountants conducting annual audits are responsible for continuous evaluations of a company's system of internal

image text in transcribed Which one of the following statements is correct? The public accountants conducting annual audits are responsible for continuous evaluations of a company's system of internal control. Only large companies employ internal auditors and utilize a system of internal controls. External auditors are company employees who evaluate the effectiveness of the company's system of internal control on a continuous basis. O Internal auditors are company employees who evaluate the effectiveness of the company's system of internal control on a continuous basisimage text in transcribed

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