Which of the following information is likely to be of least importance to an auditor in obtaining an understanding of the internal control?
A)The segregation of duties within the IT department.
B)The control over source documents.
C)The documentation maintained for accounting applications.
D)The cost-benefit ratio of data processing operations.

Question

Quizplus · Accepted Answer

While the cost-benefit ratio of data processing operations is relevant to management decisions, it is of less importance to an auditor in obtaining an understanding of the internal control. The segregation of duties, control over source documents, and documentation maintained for accounting applications are all directly related to internal control and are more important for the auditor to understand.

Which of the Following Information Is Likely to Be of Least