Question

All of the following requirements about internal controls were enacted under the Sarbanes Oxley Act except independent outside auditors must attest to the level of internal control. companies must develop sound internal controls over financial reporting. companies must continually assess the functionality of internal controls. independent outside auditors must eliminate redundant internal controls.

Answer 1

independent outside auditors must eliminate redundant internal controls.

Step-by-step explanation:

Redundant internal controls occur when more than one accounting control is put in place in order to address or control one specific risk, usually a very high priority risk. Sometimes certain specific risks are so important that redundant controls are not only good, but necessary, therefore shouldn't be eliminated.