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
Q6: The incorrect statement is: The external auditor<br>A)
Q26: What audit strategy is the auditor likely
Q27: A disadvantage of the integrated test facility
Q29: The untrue statement concerning the communication of
Q31: When control risk is assessed at the
Q32: The name given to the test of
Q33: The test of control that is known
Q35: The timing of tests of controls refers
Q36: When it is concluded that the nature