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From the e-Activity, examine the importance of the audit committeeoversight related to the quality of the internal controls of anorganization. Analyze the audit committee’s responsibilities regardingrisk assessment and internal control monitoring. Indicate whether or notthe audit committee is the best to perform the function.Contrast the opinion provided by the independent auditor concerningmanagement’s assessment of internal controls over the financialreporting system with the audit opinion on the financial statements ingeneral. Argue for providing both a qualified opinion over the financialreporting system and an unqualified opinion on the financialstatements.Use the Internet or the Strayer Library to research the internal controlrequirements under Sarbanes-Oxley Act (SOX) and the Committee ofSponsoring Organizations of the Treadway Commission‘s (COSO) guidance oninternal controls. Be prepared to discuss