What Is the Purpose of the Preliminary Assessment of Control

question 29

Multiple Choice

What is the purpose of the preliminary assessment of control risk?

• A) to obtain a reasonable expectation of controls so as to decide on an appropriate audit strategy.
• B) to determine the extent to which internal controls have been implemented
• C) to obtain the necessary information for developing the flowchart.
• D) to provide management with an opinion on the effectiveness of controls.

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