Based on PCAOB Standards for an Internal Control Audit,which of the Following

question 20

Multiple Choice

Based on PCAOB standards for an internal control audit,which of the following is least likely to indicate a significant deficiency relating to a client's antifraud programs?

• A)No program for anonymous submissions of alleged fraud.
• B)Audit committee's active engagement in discussions on the topic of fraud.
• C)Senior management delegates to lower levels responsibility for oversight of antifraud programs.
• D)Lack of audit committee interaction with the internal audit department.

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Definitions:

Relationship Roles

Specific roles individuals assume in interpersonal relationships that determine their behaviors, responsibilities, and expectations.

Task Roles

Functions or responsibilities assumed by group members that contribute directly to the accomplishment of group objectives.

Binge Eating

The consumption of large quantities of food in a short period of time, often associated with a loss of control over eating and used as a way to cope with negative emotions.

Sociologically

Pertaining to the study of society, its institutions, dynamics, and the relationships among individuals within a societal context.