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) proper implementation by management.
C) ability of the internal audit staff to maintain it.
D) competency and dependability of the people using it.
Correct Answer:
Verified
Correct Answer:
Verified
Q2: A)Discuss what is meant by the term
Q3: The methods that management uses to enforce
Q4: Which of the following controls would be
Q5: A well-designed organizational structure at an entity<br>A)has
Q6: A major control available in a small
Q7: The operational responsibility and the recording of
Q8: The essence of an effectively controlled organization
Q9: The board of directors is essential for
Q10: For large companies,what is essential for effective
Q11: The chart of accounts is an important