In Obtaining an Understanding of an Entity's Internal Control in a Financial

question 88

Multiple Choice

In obtaining an understanding of an entity's internal control in a financial statement audit of a nonpublic company,an auditor is not obligated to

• A) Determine whether the control activities have been placed in operation.
• B) Perform procedures to understand the design of the internal control policies.
• C) Document the understanding of the entity's internal control components.
• D) Search for significant deficiencies in the operation of the internal control.