What kind of internal control documentation is particularly helpful in industries that the auditor may not personally be familiar with?
A)Checklists and preformatted questionnaires
B)Combinations of narratives and flowcharts
C)Flowcharts and logic diagrams
D)Narratives and logic diagrams

Question

Quizplus · Accepted Answer

Checklists and preformatted questionnaires are particularly helpful in industries that the auditor may not personally be familiar with because they provide a structured approach to evaluating internal controls and ensure that important aspects of the organization's control environment are not overlooked. They also allow for consistency in the audit approach and can be easily customized to fit the specific industry or client being audited.

What Kind of Internal Control Documentation Is Particularly Helpful in Industries