In Evaluating Internal Control, the Auditor Is Basically Concerned That

question 74

Multiple Choice

In evaluating internal control, the auditor is basically concerned that the system provides reasonable assurance that:

• A)operational efficiency has been achieved in accordance with management plans.
• B)material misstatements have been prevented, or detected and corrected.
• C)controls have not been circumvented by collusion.
• D)management cannot override the system.

---

Definitions:

Mathematical Arguments

Logical reasoning based on mathematical principles and evidence to support assertions or hypotheses.

Informed Decisions

Choices made based on a clear understanding of all relevant information and implications.

Dichotomous Conceptualization

The classification of phenomena into two distinct and mutually exclusive categories.

Counseling Profession

A field dedicated to providing therapeutic services to individuals, families, or groups to improve mental health and well-being.