Internal control comprises the plan of the organisation and the procedures and records that are concerned with:
A) reliability of statistical data.
B) achievement of the company's objectives and goals.
C) authorisation of transactions.
D) decision processes of management.
Correct Answer:
Verified
Q2: When two or more employees act together
Q3: Internal controls can NEVER be regarded as
Q4: Auditors assess internal controls for the purpose
Q5: Management of public listed entities have to
Q6: The primary emphasis by auditors is on
Q7: Which one of the following BEST describes
Q8: The auditor need NOT be concerned with
Q9: Which of the following is not an
Q10: ASA 315 states that the auditor shall
Q11: An important part of effectiveness and efficiency
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