Multiple Choice
Which of the following audit tests would be regarded as a test of control?
A) Tests of the specific items making up the balance in a given general ledger account.
B) Tests confirming receivables.
C) Tests of the signatures on canceled checks to board of director's authorizations.
D) Tests of the additions to property,plant,and equipment by physical inspection.
Correct Answer:
Verified
Correct Answer:
Verified
Q29: After considering the client's internal control,the auditors
Q30: Which of the following is an advantage
Q31: Which of the following is <b>not</b> considered
Q32: The definition of internal control developed by
Q33: Tests of controls do<b> not</b> ordinarily address:<br>A)By
Q35: The use of fidelity bonds protects a
Q36: The relatively low number of types of
Q37: Tests of controls are most likely to
Q38: A material weakness involves an amount that
Q39: The major components of internal control include