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American Bankers Association Exam CTFA Topic 10 Question 75 Discussion

Actual exam question for American Bankers Association's CTFA exam
Question #: 75
Topic #: 10
[All CTFA Questions]

The SEC rules clarify that management's assessment and report is limited to internal control over financial reporting.

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Suggested Answer: C

by Merilyn at Sep 13, 2024, 09:42 AM

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Roxane
1 days ago
I agree with Kayleigh. It makes sense that management's assessment is focused on financial reporting.
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Jamal
4 days ago
True. The SEC rules specifically focus on internal control over financial reporting, not the entire system of internal control.
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Kayleigh
12 days ago
True. Management's assessment and report is indeed limited to internal control over financial reporting.
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