Multiple Choice
Which of the following represents a residual risk for a services company?
A) Two employees are colluding to facilitate theft.
B) All checks require two signatures.
C) Bank accounts are reconciled weekly.
D) A manager reviews all account reconciliations.
Correct Answer:
Verified
Correct Answer:
Verified
Related Questions
Q50: In a computerized environment,internal controls can be
Q51: If a Chief Technology Officer wanted to
Q52: The main objective of the ISO 27000
Q53: The COSO ERM framework encourages a review
Q54: The internal control provisions of SOX apply
Q55: All of the following are examples of
Q56: Which of the following is considered an
Q57: Corporate governance is a set of processes
Q58: The IT Infrastructure Libarary (ITIL)is considered a
Q60: The overall attitude and awareness of a