Which one of the following is NOT a component of an entity's internal control?
A) Control risk
B) The control environment
C) The accounting system
D) Control procedures
Correct Answer:
Verified
Q1: Effective internal control in a small company
Q3: An auditor will use an internal control
Q4: Once an understanding of the client's internal
Q5: The documents of a client company must
Q7: Which of the following is not an
Q8: An internal control dictates that prices on
Q9: If evidence was obtained in the prior
Q10: Tests of controls are conducted when:
A) control
Q11: The auditor need NOT be concerned with
Q50: The procedures for proper record-keeping should be
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