Multiple Choice
Which of these would be a necessary control to prevent a cash payment being made for an unauthorised purpose?
A) invoices being required before cheques are issued.
B) only authorised people being able to issue cheques.
C) the duties of approving invoices and signing cheques are separated.
D) all of the above.
Correct Answer:
Verified
Correct Answer:
Verified
Q1: Tests of controls are auditing procedures performed
Q2: The statement that is accurate concerning audit
Q3: The name given to the test of
Q5: If the auditor decides to seek a
Q6: The incorrect statement is: The external auditor<br>A)
Q7: The<u> untrue</u> statement concerning the communication of
Q8: Which of the following would be a
Q10: Of the following, the procedure that would
Q11: The test of control that is known
Q35: Assessing control risk at a level below