Take the following as truth: 3.1, November 1999), which incorporates the relevant guidance developed by COSO, provides definitions and fundamental concepts pertaining to internal control at the federal level and may be useful to auditors at any level of government.
Then the following statement: "There are no relevant guidelines developed by COSO; they were all found to be useless and were deleted." is true, false, or inconclusive?
Answer: False