Which technique of ICFR documentation describes the activities performed and flow of documents using diagrams and symbols?
A) Narratives.
B) Job descriptions.
C) Questionnaires.
D) Flowcharts.

Question

Quizplus · Accepted Answer

Flowcharts are a visual representation of processes and activities involved in ICFR documentation. They use symbols and diagrams to show how information flows within an organization and help to identify any potential weaknesses or risks in the internal control system. Narratives provide a description of the activities and procedures involved, while job descriptions and questionnaires focus more on the roles and responsibilities of individuals and departments.

Which Technique of ICFR Documentation Describes the Activities Performed and Flow