Which of the following audit findings would have the least impact (either positive or negative) on a department's control environment?
A) The department makes long-term investment risk decisions to maximize return on investment.
B) The department manager sets and demonstrates a tone of honesty and integrity in all business dealings.
C) Many department functions are duplicated or verified by other department employees.
D) Deficiencies were found in the appropriate authorization of transactions.

Question

Quizplus · Accepted Answer

Long-term investment risk decisions are typically strategic and do not directly affect the control environment, which is more concerned with the integrity, ethical values, and competence of the organization's people.

Which of the Following Audit Findings Would Have the Least