Multiple Choice
Potential benefits of an entity's controls in an IT environment include all of the following except:
A) Reduction in the risk that controls will be circumvented.
B) More accurate accounting estimates.
C) Consistent application of predefined business rules.
D) More timely information.
Correct Answer:
Verified
Correct Answer:
Verified
Q26: Internal control consists of six components.
Q28: The auditor must understand internal control before
Q75: Walkthroughs usually involve all of the following
Q93: Assume that an auditor estimates that 10,000
Q94: Assessing control risk at a lower level
Q95: A field test is a<br>A) Test to
Q96: A high detection risk strategy includes all
Q98: A customer intended to order 100 units
Q100: For certain controls,such as segregation of duties,documentary
Q103: When an auditor increases the planned assessed