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UIO A. Documentation regarding the auditor's evaluation of internal controls regarding the safeguarding of assets. an regarding management's testing anid evaluation of the controls. C. D 65. Management documentation should include all of the f on the controls designed in all five components of intemal control. repo 66. The Sarbanes-Oxley Act via: A. Management statements in the annual report B. A special quarterly filing from management. C. A footnote to the auditor's report. requires reporting on the effectiveness of internal control over financial D. A direct letter to the SEC signed by management and the auditor. 67. The auditor is least likely to use generalized audit software to A. Perform analytical procedures on the client's data. B. Access information stored on the client's IT files. C. Identify weaknesses in the client's IT controls. D. Test the accuracy of the client's computations. 68. AAA Accounting recently finished auditing LinktheEarth Corporation's internal control over finan reporting. AAA found a number of material weaknesses in the company's internal control structure. LinktheEarth's management fixed all of the weaknesses that AAA found. However, the auditors did no sufficient time to retest the controls. What report should AAA issue with regards to internal control ov financial reporting? A. Unqualified report. B. Adverse report. C. Qualified report. D. Disclaimer on opinion. 69. Which ofthe following is not a primary objective of internal control as established by coSO? A. Efficiency and effectiveness of operations. B. Effective purchasing systems. C. Compliance with laws and regulations. D. Reliable financial reporting

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