Multiple Choice
Which of the following is not true of internal control as defined by COSO?
A) It is narrower than internal control over financial reporting.
B) It is a process that includes all elements of internal control working together.
C) It includes all the people in the organization.
D) It starts at the top of the organization in setting a tone.
Correct Answer:
Verified
Correct Answer:
Verified
Q49: Which of the following is the most
Q50: Monitoring internal controls involves assessment by appropriate
Q51: Preventive controls are designed to prevent the
Q52: An auditor needs to understand a company's
Q53: Which one of the following represents a
Q55: Which of the following is not included
Q56: Preventive controls are generally more cost-efficient than
Q57: Which of the following is not part
Q58: A company's internal auditing function should not
Q59: Internal Control Principles One of the COSO