Multiple Choice
To test the operating effectiveness of a control,an audit team might use a combination of each of the following tests except for:
A) Inquiry of client personnel.
B) Observation of company operations.
C) Confirmation of balances.
D) Inspection of documentation.
Correct Answer:
Verified
Correct Answer:
Verified
Q86: A control activity is an action taken
Q87: _ in internal control are matters that
Q88: The primary purpose for obtaining an understanding
Q89: An action taken to prevent,detect,and correct errors
Q90: If the auditors encounter a significant scope
Q92: The ultimate purpose of assessing control risk
Q93: The concept of _ recognizes that the
Q94: Auditors obtain an understanding of the internal
Q95: The most efficient means of gathering evidence
Q96: Accounting for the numerical sequence of shipping