Multiple Choice
An auditor should consider two key issues when obtaining an understanding of a client's internal controls. These issues are
A) the effectiveness and efficiency of the controls.
B) the frequency and effectiveness of the controls.
C) the design and operating effectiveness of the controls.
D) the implementation and operating effectiveness of the controls.
Correct Answer:

Verified
Correct Answer:
Verified
Q121: Which of the following activities would be
Q122: One category of general controls is physical
Q123: When the auditor is obtaining an understanding
Q124: Which of the following statements related to
Q125: The effectiveness of automated controls depends solely
Q127: When a company designs and implements internal
Q128: Rather than maintain an internal IT center,
Q129: Which of the following is a risk
Q130: The _ is helpful in preventing classification
Q131: A small business has four employees, including