Multiple Choice
Where computer processing is used in significant accounting applications, internal control activities may be defined by classifying control activities into two types: general and
A) Administrative.
B) Specific.
C) Application.
D) Authorization.
Correct Answer:

Verified
Correct Answer:
Verified
Q66: Proper monitoring within an internal control framework
Q67: The risk assessment component of internal control
Q68: In terms of an audit, define substantive
Q69: Significant deficiencies are matters that come to
Q70: The documentation of an auditor's understanding of
Q72: Information and communication includes all of the
Q73: Internal control has become a very important
Q74: In evaluating internal control, the auditor is
Q75: Walkthroughs usually involve all of the following
Q76: Tests of controls must be performed if