Multiple Choice
Which of the following is NOT a type of audit evidence used in assessing internal control?
A) checking approval of customer sales orders
B) matching prices on sales invoices against a standard price list
C) observing staff performing their duties
D) observing the inventory count
Correct Answer:
Verified
Correct Answer:
Verified
Q7: Once an understanding of the client's internal
Q8: It is more common for the auditor's
Q9: When planning an audit, the auditor's assessed
Q10: If evidence was obtained in the prior
Q11: A major control available in a small
Q13: The most important type of protective measure
Q14: Three steps must be completed by the
Q15: The auditor's primary objective to obtain an
Q16: Internal control comprises the plan of the
Q17: If employees are competent and trustworthy, how