フリー問題

問題文

A design team has to lay out the two statements an annual report has to carry about internal control over financial reporting, if the audit firm also has to weigh in. Which reading does the corporate reform act support, and how long are the audit papers held?

選択肢

1. The report states that management carries the responsibility for setting up and keeping an adequate structure and set of procedures for financial reporting, and it carries an assessment, as of the close of the most recent fiscal year, of how effective those are, and the registered audit firm attests to and reports on the assessment made by management, that attestation is carried out as a separate engagement of its own, and an accountant keeps the audit papers for 3 years from the end of the fiscal period, in that attestation-scope note.
2. The report states that the audit firm carries the responsibility for setting up and keeping an adequate structure and set of procedures for financial reporting, and it carries an assessment, as of the close of the most recent fiscal quarter, of how effective those turned out to be, and the registered audit firm attests to and reports on the assessment made by management, that attestation is barred from being the subject of a separate engagement, and an accountant keeps the audit papers for 5 years from the end of the fiscal period, in that attestation-scope note.
3. The report states that the audit firm carries the responsibility for setting up and keeping an adequate structure and set of procedures for financial reporting, and it carries an assessment, as of the close of the most recent fiscal quarter, of how effective those turned out to be, and the registered audit firm attests to and reports on the assessment made by management, that attestation is carried out as a separate engagement of its own, and an accountant keeps the audit papers for 3 years from the end of the fiscal period, in that attestation-scope note.
4. The report states that management carries the responsibility for setting up and keeping an adequate structure and set of procedures for financial reporting, and it carries an assessment, as of the close of the most recent fiscal year, of how effective those are, and the registered audit firm attests to and reports on the assessment made by management, that attestation is barred from being the subject of a separate engagement, and an accountant keeps the audit papers for 5 years from the end of the fiscal period, in that attestation-scope note.