Item 3. Quantitative and Qualitative Disclosures About Market Risk
Item
3. Quantitative and Qualitative Disclosures About Market Risk
Not
applicable.
Item
4. Risk Controls and Procedures
(a)
Evaluation of Disclosure Controls and Procedures . The
Chief Executive Officer and Chief Financial Officer evaluated the effectiveness of the disclosure controls and procedures as of the end
of the period covered by this report. Based on that evaluation, the President and Chief Financial Officer concluded that the disclosure
controls and procedures as of the end of the period covered by this report were effective such that the information required to be disclosed
in reports filed under the Securities Exchange Act of 1934 is (i) recorded, processed, summarized and reported within the time periods
specified in the SEC’s rules and forms and (ii) accumulated and communicated to the Chief Executive Officer and Chief Financial
Officer to allow timely decisions regarding disclosure. A controls system cannot provide absolute assurance, however, that the objectives
of the controls system are met, and no evaluation of controls can provide absolute assurance that all control issues and instances of
fraud, if any, within a company have been detected.
(b)
Changes in Internal Control over Financial Reporting .
There were no changes in the Company’s internal controls over financial reporting, known to the Chief Executive Officer and Chief
Financial Officer that occurred during the period covered by this report that have materially affected, or are reasonably likely to materially
affect, the Company’s internal control over financial reporting.
20
RELIABILITY
INC.
OTHER
INFORMATION
June
30, 2023
PART
II – OTHER INFORMATION
Text extracted from the filing as submitted to EDGAR. Formatting, tables and exhibits are simplified for reading; the original document is authoritative for anything you rely on.