question archive Internal control systems are: a
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Internal control systems are:
a. Developed by the Securities and Exchange Commission for public companies.
b. Developed by the Small Business Administration for non-public companies.
c. Developed by the Internal Revenue Service for all U.S. companies.
d. Required by Sarbanes-Oxley (SOX) to be documented and certified if the company's stock is traded on an exchange (a public company).
e. Required only if a company plans to engage in interstate commerce.