Multiple Choice
In assessing control risk, the auditor is basically concerned that the system provides reasonable assurance that:
A) controls have not been circumvented by collusion.
B) misstatements have been prevented or detected.
C) operational efficiency has been achieved in accordance with management plans.
D) management cannot override the system.
Correct Answer:

Verified
Correct Answer:
Verified
Q2: Which of the following would be least
Q3: In updating a computerised accounts receivable file,
Q4: Which of the following situations most likely
Q6: Which of the following statements about internal
Q8: Totals of amounts in computer-record data fields
Q9: Of the following statements about an internal
Q10: Which of the following is not a
Q11: A well-prepared flowchart should make it easier
Q11: In the weekly computer run to prepare
Q12: The following are steps in the audit