Take the following as truth: 7This comment was based on the standards and guidance contained in Internal Control-Integrated Framework, published by the Committee of Sponsoring Organizations (COSO) of the Treadway Commission, for reporting on the effectiveness of internal control, which addresses a company's control environment including boards of directors and audit committees.
Then the following statement: "This comment was based on the Internal Control-Integrated Framework guidance." is true, false, or inconclusive?
Answer: True