Take the following as truth: In addition, the Office of Management and Budget (OMB) requirements for evaluating financial systems and controls are in OMB Circular A123, InternalControlSystems(June 1995)and OMB Circular A127, FinancialManagementSystems(July 1993).
Then the following statement: "Several OMB Circulars contain requirements for evaluating financial systems." is true, false, or inconclusive?
Answer: True