Dollar General 2006 Annual Report Download - page 95

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ITEM 9. CHANGES IN AND DISAGREEMENTS WITH ACCOUNTANTS ON
ACCOUNTING AND FINANCIAL DISCLOSURE
Not Applicable.
ITEM 9A. CONTROLS AND PROCEDURES
(a) Disclosure Controls and Procedures. We maintain disclosure controls and
procedures that are designed to ensure that information relating to Dollar General and our
consolidated subsidiaries required to be disclosed in our periodic filings under the Securities
Exchange Act of 1934 is recorded, processed, summarized and reported in a timely manner in
accordance with the requirements of the Exchange Act, and that such information is accumulated
and communicated to management, including our Chief Executive Officer and Chief Financial
Officer, as appropriate, to allow timely decisions regarding required disclosure. Dollar General
carried out an evaluation, under the supervision and with the participation of management,
including the Chief Executive Officer and the Chief Financial Officer, of the effectiveness of the
design and operation of these disclosure controls and procedures, as such term is defined in
Exchange Act Rule 13a-15(e), as of February 2, 2007. Based on this evaluation, the Chief
Executive Officer and the Chief Financial Officer each concluded that our disclosure controls
and procedures were effective as of February 2, 2007.
(b) Management’s Annual Report on Internal Control Over Financial Reporting. Our
management prepared and is responsible for the consolidated financial statements and all related
financial information contained in this document. This responsibility includes establishing and
maintaining effective internal control over financial reporting as defined in Rule 13a-15(f) under
the Securities Exchange Act of 1934. Our internal control over financial reporting is designed to
provide reasonable assurance regarding the reliability of financial reporting and the preparation
of financial statements for external purposes in accordance with United States generally accepted
accounting principles.
To comply with the requirements of Section 404 of the Sarbanes–Oxley Act of 2002,
management designed and implemented a structured and comprehensive assessment process to
evaluate its internal control over financial reporting. The assessment of the effectiveness of our
internal control over financial reporting was based on criteria established in Internal Control—
Integrated Framework issued by the Committee of Sponsoring Organizations of the Treadway
Commission. Because of its inherent limitations, a system of internal control over financial
reporting can provide only reasonable assurance and may not prevent or detect misstatements.
Management regularly monitors our internal control over financial reporting, and actions are
taken to correct any deficiencies as they are identified. Based on its assessment, management has
concluded that Dollar General’ s internal control over financial reporting is effective as of
February 2, 2007.
Management's assessment of the effectiveness of internal control over financial reporting
as of February 2, 2007 has been audited by Ernst & Young LLP, the independent registered
public accounting firm that also audited our consolidated financial statements. Ernst & Young's
attestation report on management's assessment of our internal control over financial reporting is
contained below.
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