Multiple Choice
Internal controls can never be regarded as completely effective. Even if company personnel could design an ideal system, its effectiveness depends on the
A) adequacy of the computer system.
B) proper implementation by management.
C) ability of the internal audit staff to maintain it.
D) competency and dependability of the people using it.
Correct Answer:
Verified
Correct Answer:
Verified
Q5: One of management's broad objectives in designing
Q6: _ protect(s) the security of electronic communication
Q7: Cost-benefit considerations should always be part of
Q8: An example of a specific authorization is
Q9: Enterprise resource planning (ERP) systems integrate limited
Q11: Controls specific to IT include all of
Q12: Processing controls are a category of application
Q13: If required under special circumstances, an auditor
Q14: Management is not as concerned about internal
Q15: When considering internal controls,<br>A) auditors can ignore