Multiple Choice
Internal controls can NEVER be regarded as completely effective. Even if systems personnel could design an ideal system, its effectiveness depends on the:
A) adequacy of the computer system.
B) competency and dependability of the people using it.
C) ability of the internal audit staff to maintain it.
D) proper implementation by management.
Correct Answer:

Verified
Correct Answer:
Verified
Q4: For efficiency, if internal controls are ignored,
Q11: When a compensating control exists, a deficiency
Q12: Match seven of the terms (a- i)
Q13: After considering a client's internal controls, an
Q16: The primary emphasis of auditors is on
Q18: If employees are competent and trustworthy, how
Q19: Management's integrity and ethical values include:<br>A) codes
Q20: Internal control comprises the plan of the
Q26: One benefit of effective internal control is
Q71: Of the three broad objectives of management