Which of the Following Is Likely to Be of Least

question 34

Multiple Choice

Which of the following is likely to be of least importance to an auditor in obtaining an understanding of the internal control?

• A) The segregation of duties within the IT centre.
• B) The control over source documents.
• C) The documentation maintained for accounting applications.
• D) The cost-benefit ratio of data processing operations.

---

Definitions:

Workbook Problems

Exercises or assignments found in a workbook designed to practice or test understanding of a subject.

Term Papers

Research papers written by students over an academic term, accounting for a large part of a grade.

Utility Function

A mathematical representation of how consumer preferences are related to the consumption of goods and services.

Competitive Market

A market structure characterized by a large number of buyers and sellers, all of whom have minimal impact on the market price.