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    Auditing and Assurance Services Study Set 1
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    Exam 6: Internal Control in a Financial Statement Audit
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    An Effective Control Environment
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An Effective Control Environment

Question 70

Question 70

Multiple Choice

An effective control environment


A) Allows management to identify all relevant risks.
B) Creates a commitment to competence.
C) Guarantees that all controls are followed as prescribed.
D) Requires an internal audit department.

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