menu-iconExamlexExamLexServices

Discover

Ask a Question
  1. All Topics
  2. Topic
    Business
  3. Study Set
    Accounting Information Systems Study Set 17
  4. Exam
    Exam 14: Auditing It Controls Part I: Sarbanes-Oxley and It Governance
  5. Question
    Prior to SOX,external Auditors Were Required to Be Familiar with the Client
Solved

Prior to SOX,external Auditors Were Required to Be Familiar with the Client

Question 121

Question 121

Essay

Prior to SOX,external auditors were required to be familiar with the client organization's internal controls,but not test them.Explain.

Correct Answer:

verifed

Verified

Auditors had the option of not relying o...

View Answer

Unlock this answer now
Get Access to more Verified Answers free of charge

Related Questions

Q116: What fraud detection responsibilities are imposed on

Q117: What is a mirrored data center?

Q118: What approach to the design and assessment

Q119: Scavenging is a form of fraud in

Q120: Transaction cost economics (TCE)theory suggests that firms

Q122: Some companies separate systems analysis from programming/program

Q123: Contrast internal and external auditing.

Q124: What primary IT functions must be separated

Q125: Which is the most critical segregation of

Q126: The following are examples of commodity assets

Examlex

ExamLex

About UsContact UsPerks CenterHomeschoolingTest Prep

Work With Us

Campus RepresentativeInfluencers

Links

FaqPricingChrome Extension

Download The App

Get App StoreGet Google Play

Policies

Privacy PolicyTerms of ServiceHonor CodeCommunity Guidelines

Scan To Download

qr-code

Copyright © (2025) ExamLex LLC.

Privacy PolicyTerms Of ServiceHonor CodeCommunity Guidelines