A negative answer given to a question on an internal control questionnaire almost always indicates a weakness in an internal control process area.
Correct Answer:
Verified
Q26: The segregation of authorization from the recording
Q27: Application controls are designed to provide assurance
Q28: The immediate return of input information to
Q29: Corrective controls act to prevent errors and
Q30: Detective controls are not considered transaction processing
Q32: A structured form of analysis relevant to
Q33: A trailer label is the last record
Q34: In an internal audit function,the nature of
Q35: The audit trail concept is basic to
Q36: A hash total is a meaningless number
Unlock this Answer For Free Now!
View this answer and more for free by performing one of the following actions
Scan the QR code to install the App and get 2 free unlocks
Unlock quizzes for free by uploading documents