Multiple Choice
Thea Lisowski decided to list several questions for herself about factors that influence management's attitudtowards internal control so as to assure herself that she could have more confidence in management's abilitiand integrity. When she was finished, which control environment element did she tick off on her working papers?
A) management's philosophy and operating style
B) communication and enforcement of integrity and ethical values
C) commitment to competence
D) participation by those charged with governance
Correct Answer:
Verified
Correct Answer:
Verified
Q1: When internal controls are effective,<br>A) there will
Q7: Rolland Meilleur, a public accountant, is testing
Q11: A partner and his team performed an
Q24: Tests of account balanccan often provide evidence
Q27: If the tests of controls confirm the
Q29: The control environment donot:<br>A) set the tone
Q30: To improve efficiency,auditors test only those controls
Q33: An internal control exception is an observed
Q68: All of the following are components of
Q98: Significant professional judgment is never required to