For Planning Purposes, Obtaining an Understanding of Internal Controls Involves

question 38

Multiple Choice

For planning purposes, obtaining an understanding of internal controls involves performing procedures to understand the design of policies and procedures and:

• A) to evaluate their effectiveness.
• B) to determine their impact on the audit strategy.
• C) to ascertain whether they are operating as described.
• D) to determine whether they have been placed in operation.
• E) to assess their efficiency.