A structured form of analysis relevant to internal control reviews is an applications control matrix.

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Quizplus · Accepted Answer

An applications control matrix is a structured form of analysis used in internal control reviews. It identifies the specific control processes and procedures within an application and evaluates their effectiveness in preventing or detecting errors and fraud. This matrix helps auditors assess the overall strength of the internal control environment and identify areas for improvement.

A Structured Form of Analysis Relevant to Internal Control Reviews