Multiple Choice
Which of the following internal control procedures are tested by sampling?
A) segregation of duties
B) authorization procedures
C) documented transaction trails
D) independent recalculations
E) physical controls that limit access to assets
F) both A and C
G) both B and C
H) both D and E
Correct Answer:
Verified
Correct Answer:
Verified
Q10: Nonsampling risk includes<br>A)all aspects of audit risk
Q14: The auditor should consider which of the
Q16: If the sample deviation rate is lower
Q17: With nonstatistical sampling,sampling risk is controlled by<br>A)quantifying
Q18: Sampling risk for tests of controls includes<br>A)the
Q20: The auditor should consider which of the
Q21: Internal control tests are performed to determine
Q22: Based on the internal control test results<br>A)the
Q23: Sometimes the auditor makes decisions about the
Q24: Internal control testing is typically done<br>A)at the