Multiple Choice
Internal control ________.
A) relates only to a client's IT systems
B) relates to the efficiency of the internal audit function
C) is a very broad concept and can encompass all of the elements of an organization
D) is unrelated to the audit
Correct Answer:
Verified
Correct Answer:
Verified
Q74: Which of the following types of control
Q75: The auditor's understanding of the client's system
Q76: Physical controls are concerned with limiting _.<br>A)physical
Q77: What are the most common forms of
Q78: An inherent limitation of internal control is
Q80: Reports that summarize the detail of account
Q81: A deficiency, or a combination of deficiencies,
Q82: As per the COSO Framework, one of
Q83: Which of the following documents contains the
Q84: A management letter is _.<br>A)formally sent by