Which one of the following general factors should not be considered critical in assessing severity of internal control deficiencies?
A)Control environment
B)Evidence from a poorly controlled system
C)Repeatability of a process
D)Complexity and subjectivity of the account balance

Question

Quizplus · Accepted Answer

Evidence from a poorly controlled system may suggest that there are internal control deficiencies, but it is not a factor that should be considered critical in assessing the severity of those deficiencies. The other three factors (control environment, repeatability of a process, and complexity and subjectivity of the account balance) are typically important in evaluating internal controls and determining their potential impact on financial reporting.

Which One of the Following General Factors Should Not Be