Multiple Choice
Theo Lillis performs the following application control procedures: (i) Control totals: Input totals are balanced and reconciled
(ii) Reasonable checks: Actual data is compared to expected data for reasonableness
(iii) Sequence tests: Sequential data is reviewed and exception reports are produced for missing numbers.
Which of the above application controls do these procedures apply to?
A) processing controls
B) output controls
C) input controls
D) general controls
Correct Answer:
Verified
Correct Answer:
Verified
Q12: The concept that no one employee should
Q19: Checklists and preformatted questionnaires are particularly helpful
Q39: The inherent limitations of internal control include
Q40: Which of the following is an element
Q41: Which of the following statements is correct?<br>A)
Q42: The purpose of preventive controls is to
Q46: CAS 260 Communication with Those Charged with
Q47: Detection risk refers to<br>A) the susceptibility of
Q48: As part of her yearly audit plan
Q49: One of the factors considered by the