Multiple Choice
The auditor should identify and include only ________ controls since they will be sufficient to achieve the transaction-related audit objectives and will also provide audit efficiency.
A) key
B) significant
C) material
D) compensating
Correct Answer:

Verified
Correct Answer:
Verified
Related Questions
Q16: The auditor designs and performs a combination
Q17: When a client uses a service center
Q18: Control risk is generally set at minimum
Q19: Which of the following may represent the
Q20: If the results of tests of controls
Q22: Which of the following is true regarding
Q23: When there are a number of controls
Q24: A design deficiency exists if the person
Q25: An auditor is likely to use four
Q26: Auditors often identify less significant internal control-related