Statements that define information as an asset that must be protected to different degrees based on its sensitivity, criticality, and value, regardless of the media on which it is stored, the manual or automated systems that process it, or the methods by which it is distributed

Statements outlining the responsibilities of information owners, custodians and users

Definitions of the previously audited data and its classifications

Both A & B

Mutual funds

Professionally managed portfolio

Hedge funds

None of these

Hold detection risk to an acceptable level

Determine whether policies and procedures have been followed

Determine that account balances exit, are accurate, and are properly classified

Provide evidence about monetary misstatements