Solved

An Internal Auditor Would Most Likely Judge an Error in an Account

Question 328

Multiple Choice

An internal auditor would most likely judge an error in an account balance to be material if the error involves:

A) A data input function.
B) A large percentage of net income.
C) An unverified routine transaction.
D) An unusual transaction for the company.

Related Questions

Q323: An organization's chief audit executive (CAE) determines

Q324: Which of the following is not a

Q325: Which of the following actions indicates a

Q326: Which of the following is a weakness

Q327: During an audit engagement, an internal auditor

Q329: Which of the following is the responsibility

Q330: Internal control processes in an organization require

Q331: During the planning phase of an audit,

Q332: According to the Standards, which of the

Q333: Which of the following factors related to