Multiple Choice
The five step process in the audit of ICFR includes
A) Form an opinion on the safeguarding of the entity's assets.
B) Identify controls to test using a top-down, risk-based approach.
C) Form an opinion on the fairness of the presentation of the financial statements.
D) Form an opinion on the effectiveness of internal controls in meeting operational goals.
Correct Answer:
Verified
Correct Answer:
Verified
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