Which of the Following Is Not a Medium That Can

question 10

Multiple Choice

Which of the following is not a medium that can normally be used by an auditor to record information concerning a client's internal control?

• A)Narrative memorandum.
• B)Procedures manual.
• C)Flowchart.
• D)None of the given answers is correct.

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Definitions:

Knowledge Providers

Individuals or entities that offer expert information or insights in specific areas, often to facilitate learning or decision-making.

Bureaucratic Control

The use of rules, procedures, and formal structures to manage an organization and control its activities.

Profitability

The extent to which a company or action generates income or economic benefit.

Market Share

The portion of a market controlled by a particular company, measured by the proportion of sales that company enjoys compared to total industry sales.