Multiple Choice
Which of the following is not a way management obtains evidence regarding the effectiveness of internal control over the accounting system?
A) Performing a walkthrough of the accounting system.
B) Making inquiries of banks and attorneys.
C) Reviewing system flowcharts.
D) Taking plant and operational tours.
Correct Answer:
Verified
Correct Answer:
Verified
Q82: Which of the following groups is interested
Q83: In addition to controls being specific,they may
Q84: Which of the following COSO components is
Q85: An edit test is considered to be
Q86: Generally,highly regulated entities have more complex control
Q88: Which of the following is considered to
Q89: Which of the following best describes the
Q90: Which of the following is an example
Q91: Preventive controls are designed to provide reasonable
Q92: Internal control helps an organization eliminate the