A Transaction-Level Internal Control Activity Is Best Described as

Multiple Choice

A transaction-level internal control activity is best described as

A) An action taken by auditors to obtain evidence.
B) An action taken by client personnel for the purpose of preventing, detecting, and correcting errors and frauds in transactions to eliminate or mitigate risks identified by the company.
C) A method for recording, summarizing, and reporting financial information.
D) The functioning of the board of directors in support of its audit committee.