Multiple Choice
In evaluating internal control,the auditor is basically concerned that the system provides reasonable assurance that
A) Operational efficiency has been achieved in accordance with management plans.
B) Errors and fraud have been prevented, or detected and corrected.
C) Controls have not been circumvented by collusion.
D) Management cannot override the system.
Correct Answer:

Verified
Correct Answer:
Verified
Q19: Which of the following procedures most likely
Q59: Factors that the auditor should consider as
Q72: When documenting an entity's internal control,the independent
Q73: In an audit of financial statements of
Q74: Of the following statements about an internal
Q75: A flowchart is most frequently used by
Q78: Reports on service organizations typically<br>A) Provide reasonable
Q79: The control environment component of internal control
Q81: Before applying substantive procedures to the details
Q82: Significant deficiencies are matters that come to