Multiple Choice
An auditor tests a sample of transactions for proper authorization. Assume the auditor performs test of transactions and concludes that the authorization control is operating effectively when in fact it is not, this is termed:
A) sampling error.
B) sampling risk.
C) detection error.
D) All of the above.
Correct Answer:
Verified
Correct Answer:
Verified
Q1: Transactions between a client and its employee
Q3: Benchmarking is appropriate when:<br>A) client ITGC are
Q4: Use of an ITF allows:<br>A) test data
Q5: Requiring that the supervisor pay and request
Q6: If serious control deficiencies are detected prior
Q7: "Tone at the top" is an example
Q8: An auditor concludes that the internal controls
Q9: Which of the following information would be
Q10: Which of the following would be a
Q11: Which of the following would be an