Which of the following documents can be used to assess risk and recommend internal controls?
A)Systems flowchart
B)Risk/control matrix
C)Both systems flowchart and risk/control matrix
D)Neither systems flowchart nor risk/control matrix

Question

Quizplus · Accepted Answer

Both systems flowcharts and risk/control matrices are tools used in assessing risks and recommending internal controls within an organization. Systems flowcharts provide a visual representation of processes and the controls within those processes, while risk/control matrices list out potential risks and the corresponding controls to mitigate those risks.

Which of the Following Documents Can Be Used to Assess