In the Consideration of Internal Control,the Operating Effectiveness of Controls

question 60

Multiple Choice

In the consideration of internal control,the operating effectiveness of controls is tested by:

• A)Flowcharts verification.
• B)Tests of controls.
• C)Substantive procedures.
• D)Decision tables.

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Definitions:

Prospect's Interest

The level of curiosity or enthusiasm a potential buyer shows towards a product or service.

Reputable Company

A business entity that holds a strong image, reliability, and positive recognition in the market.

Approach Techniques

Strategies or methods used by salespeople to initiate contact with potential customers, establishing rapport and identifying customer needs.

Participative

A style of management or decision-making that involves input and active participation from all stakeholders or group members.