What do management internal control responsibilities include

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Problem 1: What do management's internal control responsibilities include?

Multiple Choice

Option 1: Reducing the amount of testing done by the auditors

Option 2:
Implementing policies and procedures such that auditors can assess control risk as being low

Option 3:
Preventing and detecting fraud

Option 4:
Allowing the auditors to assess control risk

Reference no: EM132716282

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