EX-99.B-77B

                             W&R TARGET FUNDS, INC.

SUB-ITEM 77B:  Accountant's report on internal control
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INDEPENDENT AUDITORS' REPORT

To the Board of Directors of W&R Target Funds, Inc.:

In planning and performing our audit of the financial statements of W&R Target
Funds, Inc. (the Company)(including the Asset Strategy, Balanced, Bond, Core
Equity, Dividend Income, Growth, High Income, International, International II,
Limited-Term Bond, Micro Cap Growth, Money Market, Science and Technology,
Small Cap Growth, Small Cap Value and Value Portfolios) for the year ended
December 31, 2003 (on which we have issued our report dated February 20, 2004),
we considered its internal control, including control activities for
safeguarding securities, in order to determine our auditing procedures for the
purpose of expressing our opinion on the financial statements and to comply
with the requirements of Form N-SAR, and not to provide assurance on the
Company's internal control.

The management of the Company is responsible for establishing and maintaining
internal control.  In fulfilling this responsibility, estimates and judgments
by management are required to assess the expected benefits and related costs of
controls.  Generally, controls that are relevant to an audit pertain to the
entity's objective of preparing financial statements for external purposes that
are fairly presented in conformity with accounting principles generally
accepted in the United States of America.  Those controls include the
safeguarding of assets against unauthorized acquisition, use, or disposition.

Because of inherent limitations in any internal control, misstatements due to
error or fraud may occur and not be detected.  Also, projections of any
evaluation of internal control to future periods are subject to the risk that
the internal control may become inadequate because of changes in conditions or
that the degree of compliance with policies or procedures may deteriorate.

Our consideration of the Company's internal control would not necessarily
disclose all matters in internal control that might be material weaknesses
under standards established by the American Institute of Certified Public
Accountants.  A material weakness is a condition in which the design or
operation of one or more of the internal control components does not reduce to
a relatively low level the risk that misstatements due to error or fraud in
amounts that would be material in relation to the financial statements being
audited may occur and not be detected within a timely period by employees in
the normal course of performing their assigned functions.  However, we noted no
matters involving the Company's internal control and its operation, including
controls for safeguarding securities, that we consider to be material weaknesses
as defined above as of December 31, 2003.

This report is intended solely for the information and use of the Company's
management, the Board of Directors of W&R Target Funds, Inc., and the
Securities and Exchange Commission and is not intended to be and should not be
used by anyone other than these specified parties.



/s/Deloitte & Touche LLP
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Deloitte & Touche LLP
February 20, 2004